Cottonseed oil cake futures rise on fresh bets

New Delhi, Sep 17 (PTI) Cottonseed oil cake prices on Tuesday rose Rs 14 to Rs 3,036 per quintal in futures trade as speculators created fresh positions amid a higher demand.

On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded higher by Rs 14 or 0.46 per cent at Rs 3,036 per quintal with an open interest of 16,150 lots.

Marketmen said the raising of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.