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Cottonseed oil cake futures on India's National Commodity and Derivatives Exchange fell Re 1 to Rs 2,755 per quintal for April delivery on March 20. Participants reduced their bets after weak spot-market trends, and open interest stood at 75,280 lots.
Lower Indian futures for cottonseed meal signal softer domestic cattle-feed demand and modestly weaker feed-protein values in India.
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.