Loading…
Cottonseed oil cake futures on India's NCDEX rose Rs 26 to Rs 3,292 per quintal on March 23 for April delivery. Speculators added fresh positions amid firm spot demand from cattle-feed makers.
Open interest was 99,550 lots.
Rising domestic cattle-feed demand and fresh speculative buying support cottonseed meal prices in India. The move is a routine daily price change with no new supply shock.
newsdrum.inNewsDrum DeskMar 21, 2022newsdrum.inNewsDrum DeskMar 22, 2022newsdrum.inNewsDrum DeskMar 23, 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.
