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Cottonseed oil cake prices rose Rs 64 to Rs 3,445 per quintal in NCDEX futures on March 9, a gain of 1.89%, for April delivery. Open interest was 27,880 lots, and participants cited fresh positions tied to cattle-feed demand.
Higher Indian cottonseed meal futures on cattle-feed demand indicate firmer domestic protein feed costs. The move is routine and modest.
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.