You are here: Home » PTI Stories » National » News
Business Standard

Cottonseed oilcake futures surge by Rs 22 per quintal

Press Trust of India  |  New Delhi 

Cottonseed oilcake prices spurted by Rs 22 to Rs 1,939 per quintal in futures trading today as participants indulged in expanding their exposure, triggered by a firm trend at the spot markets.

Marketmen said widening of positions by traders, tracking a firm trend at the spot markets on strong demand amid restricted arrivals form growing belts, mainly led to the rise in cottonseed oilcake prices in futures trade here.



In futures trading at the National Commodity and Derivative Exchange, cottonseed oilcake delivery for the most- active delivery in December month contracts were higher by Rs 22 or 1.15 per cent to Rs 1,939 per quintal, having an open interest of 64,380 lots.

In a similar manner, cottonseed oilcake for delivery in January next year was trading at up by Rs 20 or 1.04 per cent at Rs 1,935 per quintal, having a business turnover of 44,140 lots.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Cottonseed oilcake futures surge by Rs 22 per quintal

Cottonseed oilcake prices spurted by Rs 22 to Rs 1,939 per quintal in futures trading today as participants indulged in expanding their exposure, triggered by a firm trend at the spot markets. Marketmen said widening of positions by traders, tracking a firm trend at the spot markets on strong demand amid restricted arrivals form growing belts, mainly led to the rise in cottonseed oilcake prices in futures trade here. In futures trading at the National Commodity and Derivative Exchange, cottonseed oilcake delivery for the most- active delivery in December month contracts were higher by Rs 22 or 1.15 per cent to Rs 1,939 per quintal, having an open interest of 64,380 lots. In a similar manner, cottonseed oilcake for delivery in January next year was trading at up by Rs 20 or 1.04 per cent at Rs 1,935 per quintal, having a business turnover of 44,140 lots. Cottonseed oilcake prices spurted by Rs 22 to Rs 1,939 per quintal in futures trading today as participants indulged in expanding their exposure, triggered by a firm trend at the spot markets.

Marketmen said widening of positions by traders, tracking a firm trend at the spot markets on strong demand amid restricted arrivals form growing belts, mainly led to the rise in cottonseed oilcake prices in futures trade here.

In futures trading at the National Commodity and Derivative Exchange, cottonseed oilcake delivery for the most- active delivery in December month contracts were higher by Rs 22 or 1.15 per cent to Rs 1,939 per quintal, having an open interest of 64,380 lots.

In a similar manner, cottonseed oilcake for delivery in January next year was trading at up by Rs 20 or 1.04 per cent at Rs 1,935 per quintal, having a business turnover of 44,140 lots.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Cottonseed oilcake futures surge by Rs 22 per quintal

Cottonseed oilcake prices spurted by Rs 22 to Rs 1,939 per quintal in futures trading today as participants indulged in expanding their exposure, triggered by a firm trend at the spot markets.

Marketmen said widening of positions by traders, tracking a firm trend at the spot markets on strong demand amid restricted arrivals form growing belts, mainly led to the rise in cottonseed oilcake prices in futures trade here.

In futures trading at the National Commodity and Derivative Exchange, cottonseed oilcake delivery for the most- active delivery in December month contracts were higher by Rs 22 or 1.15 per cent to Rs 1,939 per quintal, having an open interest of 64,380 lots.

In a similar manner, cottonseed oilcake for delivery in January next year was trading at up by Rs 20 or 1.04 per cent at Rs 1,935 per quintal, having a business turnover of 44,140 lots.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard