# Cottonseed oil futures decline on soft demand

> Cottonseed oil cake futures on India's National Commodity and Derivatives Exchange fell Rs 9 to Rs 2,543 per quintal for May delivery on May 2. Analysts attributed the decline to weak spot markets and participants reducing bets.

- Date: 2024-05-02 · published 2024-05-02T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/30372-cottonseed-oil-futures-decline-on-soft-demand
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Lower Indian cottonseed oil cake prices reflect soft domestic feed meal demand, a modest bearish signal for cottonseed meal supplies.

## Read by commodity

- CSM: bearish ▼

## Sources

- zeebiz.com: https://www.zeebiz.com/markets/commodities/news-cottonseed-oil-futures-decline-on-soft-demand-287792
- zeebiz.com: https://www.zeebiz.com/markets/commodities/news-cotton-seed-oil-futures-decline-on-soft-demand-287793

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