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Cottonseed oil cake futures on India's NCDEX fell over 4% on November 18 to Rs 2,925 per quintal as participants sold off amid weak spot demand. Open interest was 17,430 lots.
Weak spot demand and futures liquidation point to softer cottonseed meal values in India, a routine price move without a new supply shock.
money.rediff.comNov 18, 2024Not 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.
