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NCDEX January-delivery cottonseed oil cake futures in India fell Rs 2 to Rs 3,204 per quintal on weak spot trends and reduced speculative bets. Open interest was about 20,610 lots.
Soft Indian spot demand and lower futures point to weak domestic cottonseed meal feed prices, with minimal global price impact.
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.