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Indian cottonseed oil cake futures on the National Commodity and Derivatives Exchange rose Rs 36 to Rs 3,534 per quintal on Thursday, a 1.02% gain for September delivery. Open interest was 24,300 lots.
Higher Indian cottonseed cake futures reflect speculative buying and cattle feed demand, a modest bullish signal for cottonseed meal in the domestic Indian market.
sorafutures.comYukiAug 29, 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.
