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Cotton futures rallied through March, and Indian analysts expect firm demand and lower ending inventories. Cotton cake prices are above 3000 and may rise further as soymeal becomes expensive, shifting feed use toward cottonseed meal.
Higher soymeal prices are pushing buyers toward cottonseed meal, which supports CSM prices and could lift cotton cake above recent levels.
krishijagran.comAbhijeet BanerjeeApr 11, 2022Not enough comparable past events yet for a historical read.
Not 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.
