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Cottonseed oil cake futures gained Rs 8 to Rs 3,744 per quintal on Monday, supported by fresh buying interest from speculators and rising demand for cattle feed.
On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake contracts for September delivery advanced Rs 8, or 0.21%, to Rs 3,744 per quintal. Open interest stood at 26,110 lots.
Market participants said an increase in trading positions, along with stronger demand for cattle feed, supported prices of cottonseed oil cake futures.
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