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Indian cottonseed oil cake futures rose Rs 7 to Rs 2,903 per quintal on Wednesday on the National Commodity and Derivatives Exchange for August delivery, a 0.41% gain. Open interest was 17,050 lots.
Speculative position-building and cattle feed demand support Indian cottonseed cake prices, a small bullish signal for cottonseed meal.
Not 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.