# Cottonseed oilcake gains after weakness, sentiments track spot markets| Capital Market News

> 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.

- Date: 2024-10-10 · published 2024-10-10T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/27970-cottonseed-oilcake-gains-after-weakness-sentiments-track-spot-markets-capital
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

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.

## Read by commodity

- CSM: neutral

## Sources

- capitalmarket.com: https://www.capitalmarket.com/markets/news/commodity-mid-session-news/cottonseed-oilcake-gains-after-weakness-sentiments-track-spot-markets/1549773

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