Loading…
Cottonseed oil cake futures on NCDEX rose by Rs 4 to Rs 3,374 per quintal for December delivery on September 3, on open interest of 6,440 lots. The move was attributed to speculative position building and somewhat higher cattle-feed demand.
A small gain in Indian cottonseed cake futures reflects modest speculative and feed demand support. The move is too small to shift global meal prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.