# Cottonseed Oil Futures Decline on Soft Demand: Rediff Moneynews

> Cottonseed oil cake futures on NCDEX fell Rs 15 to Rs 2,922 per quintal on October 8 as participants reduced positions. Analysts cited weak spot market trends and a sell-off at current levels.

- Date: 2024-10-08 · published 2024-10-08T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/27972-cottonseed-oil-futures-decline-on-soft-demand-rediff-moneynews
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Weak spot demand in India is pushing down cottonseed meal futures, which signals softer feed ingredient pricing for Indian buyers.

## Read by commodity

- CSM: bearish ▼

## Sources

- money.rediff.com: https://money.rediff.com/news/market/cottonseed-oil-futures-decline-on-soft-demand/16826020241008

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