New Delhi, Apr 20 (BNP): Cottonseed oil cake prices recorded a marginal uptick in futures trade on Monday, supported by fresh buying interest and improved demand in the market.
On the National Commodity and Derivatives Exchange, cottonseed oil cake futures for May delivery rose slightly to ₹3,424 per quintal, reflecting a steady tone in trading activity.
Market participants said the increase was driven by the creation of fresh positions by traders, amid expectations of stronger demand from the cattle feed segment.
Analysts noted that the expansion of open interest indicated renewed participation in the segment, contributing to the marginal price gains during the session.
Overall, the market trend remained mildly positive, with demand-side support helping prices maintain an upward bias in futures trading.
