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Cottonseed oil cake futures on India's National Commodity and Derivatives Exchange rose Rs 20 to Rs 2,535 per quintal on September 26, with open interest of 37,280 lots. Traders attributed the gain to fresh speculative positions amid firm demand from cattle-feed makers.
Firm feed-maker demand and new long positions point to modest upward pressure on Indian cottonseed meal prices, a local feed ingredient.
benisonmedia.comAshwani VermaSep 26, 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.
