Cottonseed oil cake prices jump by INR 21 in futures trade on strong demand

The rates for the most-traded February was up by Rs 16 or 0.83 per cent to Rs 1,947 per quintal.

Cottonseed oil cake prices for December rose by Rs 21 to Rs 1,923 per quintal in the futures trade Tuesday after tracking a upbeat trend at the physical markets due to good demand.

At the National Commodity and Derivatives Exchange, cottonseed oil cake to be delivered in January next year came down by Rs 16.5 or 0.86 per cent to Rs 1,930 per quintal, with an open interest of 3,760 lots.

The rates for the most-traded February was up by Rs 16 or 0.83 per cent to Rs 1,947 per quintal.