# Cottonseed oil cake futures rise on fresh bets - Times of India

> Cottonseed oil cake futures on India's NCDEX rose Rs 5 to Rs 2,516 per quintal on June 7 as speculators added fresh positions. Open interest stood at 25,900 lots. Marketmen attributed the gain to rising cattle-feed demand.

- Date: 2023-06-07 · published 2023-06-07T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/35605-cottonseed-oil-cake-futures-rise-on-fresh-bets-times-of-india
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Stronger domestic cattle-feed demand supports Indian cottonseed meal prices, though the moves are small and mainly driven by speculative positioning.

## Read by commodity

- CSM: bullish ▲

## Sources

- timesofindia.indiatimes.com: https://timesofindia.indiatimes.com/cottonseed-oil-cake-futures-rise-on-fresh-bets/articleshow/100818506.cms

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