In futures trading, the prices of cottonseed oil cake experienced an increase of Rs 2, reaching Rs 2,853 per quintal. This gain was driven by speculators who established new positions in response to the increased demand dynamics.

Cottonseed oil cake contract for December delivery on the National Commodity and Derivatives Exchange witnessed an upward movement, appreciating by Rs 2, which corresponds to a 0.07% increase, bringing the price to Rs 2,853 per quintal. This represents a 0.07% increase. The open interest in this market activity amounts to 17,400 lots, which is accompanied by this market action.

Participants in the market reported that the growth of positions, which was driven by an increasing demand for cattle feed, had a substantial impact on the pricing dynamics of cottonseed oil cake.