Cottonseed oilcake futures surge by Rs 26 per quintal

Image
Press Trust of India New Delhi
Last Updated : Feb 23 2016 | 1:13 PM IST
Cottonseed oilcake futures traded higher by Rs 26 to Rs 2,210 per quintal today as participants built-up speculative positions amidst deficient rains in growing regions.
At the National Commodity and Derivative Exchange, conttonseed oilcake for delivery in far-month June contracts was trading higher by Rs 26, or 1.19 per cent to Rs 2,210 per quintal, in an open interest of 1,980 lots.
Cottonseed oilcake for delivery in March gained Re one, 0.05 per cent to Rs 2,115 per quintal, with an open interest of 83,760 lots.
Marketmen said deficient rates in growing betls amidst pick up in demand, mainly influenced trading sentiments.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 23 2016 | 1:13 PM IST

Next Story