India, Dec. 23 -- Cottonseed oil cake prices edged higher in futures trade on Tuesday, rising Rs 14 to Rs 3,043 per quintal, as speculators built fresh positions amid improving demand.
On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake contracts for January delivery gained Rs 14, or 0.46 per cent, to trade at Rs 3,043 per quintal, with open interest at 33,440 lots.
Market participants said the build-up of new positions, supported by rising demand for cattle feed, mainly contributed to the uptick in cottonseed oil cake prices.
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