Cottonseed oil cake prices on Monday increased by Rs 12 to reach Rs 3,830 per quintal in futures trade, driven by speculators establishing new positions in response to heightened demand.

On the National Commodity and Derivatives Exchange, cottonseed oil cake for July delivery experienced an increase of Rs 12, or 0.31 per cent, reaching Rs 3,830 per quintal, accompanied by an open interest of 38,180 lots.

Market participants indicated that the expansion of positions by traders, driven by a rising demand for cattle feed, primarily impacted cottonseed oil cake prices.