Cottonseed oil cake futures benefit on spot call for

Cottonseed oil cake futures benefit on spot call for

by admin- Tuesday, May 7th, 2019 07:33:16 AM

Cottonseed oil cake fees rose by way of ₹ 17.5 to ₹2,six hundred according to quintal in futures exchange Monday as speculators widened their bets amid a company fashion on the physical markets.

Marketmen said clean positions created via members, tracking a firm trend on the spot market on frantic demand in opposition to restricted supplies, saved cottonseed oil cake costs better in futures exchange.

At the National Commodity and Derivatives Exchange, cottonseed oil cake for transport in August advanced by way of ₹17.5, or 0.Sixty eight in keeping with cent, to ₹2,six hundred consistent with quintal with an open hobby of 960 plenty.

Cottonseed oil cake for delivery in June additionally went up by using ₹25, or 0.98 consistent with cent, to ₹2,571 according to quintal with an open hobby of 4,810 lots.

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