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Cottonseed oil cake futures on India's NCDEX rose Re 1 to Rs 2,954 per quintal for December delivery on November 3. Speculators added fresh positions amid higher cattle feed demand, and open interest was 20,310 lots.
Rising futures and open interest point to firmer near-term demand for cottonseed meal in India, a mild bullish signal.
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.