# Cottonseed oil cake futures rise on fresh bets

> 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.

- Date: 2022-03-21 · published 2022-03-21T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/42404-cottonseed-oil-cake-futures-rise-on-fresh-bets
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

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.

## Read by commodity

- CSM: bullish ▲

## Sources

- newsdrum.in: https://www.newsdrum.in/business/cottonseed-oil-cake-futures-rise-on-fresh-bets-2411.html
- newsdrum.in: https://www.newsdrum.in/business/cottonseed-oil-cake-futures-rise-on-fresh-bets-2983.html
- newsdrum.in: https://www.newsdrum.in/business/cottonseed-oil-cake-futures-rise-on-fresh-bets-3665.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.