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Cottonseed oil cake futures for April delivery fell Rs 12 to Rs 3,494 per quintal on the NCDEX on March 24. Open interest was 57,460 lots, with participants reducing bets amid weak spot trends.
Lower futures on weak spot demand suggest cottonseed meal buyers in India face slightly easing feed-protein prices. The move is small and routine.
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.