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Cottonseed oil cake futures on India's National Commodity and Derivatives Exchange rose Rs 63 to Rs 2,317 per quintal on October 4, 2022. Speculators added positions amid firm spot demand from cattle-feed makers.
Firm demand from Indian cattle-feed makers supports cottonseed meal prices. The move is a local futures gain, so its effect on global feed markets is limited.
timesofindia.indiatimes.comPTIOct 4, 2022Not 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.
