Cottonseed oil cake prices on Monday climbed Rs 64 to Rs 3,445 per quintal in futures trade as speculators built fresh positions amid rising demand.
On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake contracts for April delivery gained Rs 64, or 1.89 percent, to Rs 3,445 per quintal, with an open interest of 27,880 lots.
Market experts said expanding positions by traders, driven by higher demand for cattle feed, supported the rise in cottonseed oil cake futures.