# Cottonseed Oil Cake Prices Spike Amid Rising Demand | Business

> Cottonseed oil cake futures on NCDEX rose Rs 41 to Rs 2,918 per quintal on October 10 as speculators opened new positions. The December contract gained 1.41% on reported demand for cattle feed.

- Date: 2024-10-10 · published 2024-10-10T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/27973-cottonseed-oil-cake-prices-spike-amid-rising-demand-business
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Renewed speculative buying and feed demand support cottonseed meal prices in India, though the gain is small and within a range of recent moves.

## Read by commodity

- CSM: bullish ▲

## Sources

- devdiscourse.com: https://www.devdiscourse.com/article/business/3117335-cottonseed-oil-cake-prices-spike-amid-rising-demand

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