# Cottonseed Oil Futures Decline on Soft Demand

> 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.

- Date: 2024-11-18 · published 2024-11-18T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/27516-cottonseed-oil-futures-decline-on-soft-demand
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Weak spot demand and futures liquidation point to softer cottonseed meal values in India, a routine price move without a new supply shock.

## Read by commodity

- CSM: bearish ▼

## Sources

- money.rediff.com: https://money.rediff.com/news/market/cottonseed-oil-futures-decline-on-soft-demand/18596720241118

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.