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Indian industry participants at the Cottonseed, Oil and Meal Conclave estimated cottonseed oil output could rise from 13-14 lakh tonnes to 15-16 lakh tonnes by 2025, based on projected cotton production of 402.7 lakh bales. They also said scientific processing could lift output further.
Projected growth in cottonseed crush output would increase cottonseed meal supply in India over time, a longer-term bearish factor for meal prices, though the forecast is aspirational.
thehindubusinessline.comBL Mangaluru BureauJul 11, 2023Not 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.
