# Cottonseed Oil Cake Prices Increase Due To Higher Demand - Sorafutures.com

> 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.

- Date: 2024-08-29 · published 2024-08-29T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/28914-cottonseed-oil-cake-prices-increase-due-to-higher-demand-sorafutures-com
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Higher Indian cottonseed cake futures reflect speculative buying and cattle feed demand, a modest bullish signal for cottonseed meal in the domestic Indian market.

## Read by commodity

- CSM: bullish ▲

## Sources

- sorafutures.com: https://www.sorafutures.com/archives/4841

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