Futures contracts of cottonseed oilcake on the NCDEX hit a five-month high of 1,750 rupees per 100 kg because of worries of lower availability of quality stocks. Availability of good quality cottonseed oilcake is likely to be lower on expectations of damage to the kapas due to pink bollworm in Maharashtra and Telangana, the key producers of the cotton. Maharashtra government has issued an advisory to farmers asking them to destroy pink bollworm-hit cotton plants in January.