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Cottonseed oil cake futures in India fell Rs 74 to Rs 2,554 per quintal on Monday, February 27, for March delivery, with open interest of 36,580 lots. Analysts cited a sell-off amid a subdued spot market.
The decline signals weaker near-term Indian cottonseed meal values, which may ease feed-ingredient costs.
newsdrum.inNewsDrum DeskFeb 27, 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.
