Loading…
Cottonseed oil cake futures on India's NCDEX fell Rs 23 to Rs 3,341 per quintal for May delivery on April 27. Participants reduced positions amid weak spot market trends.
Weak spot demand and reduced speculative bets point to softer Indian cottonseed meal values in the near term. The move is small and reflects routine trading.
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.