# Cottonseed Oil Cake Futures Surge: Demand-Driven Rally

> Cottonseed oil cake futures on India's National Commodity and Derivatives Exchange rose Rs 24 to Rs 2,600 per quintal on June 11 as speculators took new positions. Analysts attributed the gain to higher cattle feed demand.

- Date: 2024-06-11 · published 2024-06-11T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/29901-cottonseed-oil-cake-futures-surge-demand-driven-rally
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Stronger cattle feed demand and speculative buying support Indian cottonseed cake prices in the near term. Buyers should watch whether demand holds or the rally fades.

## Read by commodity

- CSM: bullish ▲

## Sources

- thecapital.org.in: https://www.thecapital.org.in/blog/cottonseed-oil-cake-futures-surge-demand-driven-rally/article-1724

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