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Cottonseed oil cake futures on India's National Commodity and Derivatives Exchange rose Rs 10 to Rs 2,649 per quintal on December 17 as speculators built new positions. Marketmen cited increasing demand for cattle feed.
Higher Indian cottonseed oil cake futures signal firmer domestic feed meal demand in India, a modest support for cottonseed meal values.
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.