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Cottonseed oil cake futures on India's NCDEX rose Rs 42 to Rs 3,257 per quintal for March delivery on February 18. Open interest increased to 58,460 lots as speculators opened fresh positions.
Rising futures and open interest suggest firmer near-term demand for cottonseed meal in Indian cattle feed. The price effect is 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.