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Cottonseed oilcake futures on NCDEX edged up after falling to a six-week low near Rs 2,900 per quintal. The December contract traded around Rs 2,955, up 1.27% on the day, as spot prices in Akola mandi lost about 4% over the past month.
Muted spot demand and fresh kharif cotton supplies are pressuring cottonseed meal values in India, a feed ingredient, so buyers may find softer cover prices in the near term.
capitalmarket.comOct 10, 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.
