# Cottonseed oil cake futures rise on fresh bets

> Cottonseed oil cake futures on India's National Commodity and Derivatives Exchange rose Rs 28 to Rs 2,842 per quintal on April 5. Traders said new long positions and higher demand from cattle feed buyers drove the gain.

- Date: 2023-04-05 · published 2023-04-05T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/36542-cottonseed-oil-cake-futures-rise-on-fresh-bets
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Stronger cattle feed demand for cottonseed cake in India supports domestic cottonseed meal prices. The move is a routine price change with no major new supply shock.

## Read by commodity

- CSM: bullish ▲

## Sources

- timesofindia.indiatimes.com: https://timesofindia.indiatimes.com/cottonseed-oil-cake-futures-rise-on-fresh-bets/articleshow/99264167.cms

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