# Cottonseed Oil Cake Futures Rise On Fresh Bets - BW Businessworld

> Cottonseed oil cake futures on the NCDEX rose Rs 41 to Rs 2,535 per quintal on Monday as speculators added fresh long positions. Marketmen attributed the gain to firm spot demand from cattle-feed makers.

- Date: 2021-09-13 · published 2021-09-13T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/45179-cottonseed-oil-cake-futures-rise-on-fresh-bets-bw-businessworld
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Rising demand from Indian cattle-feed makers supports cottonseed meal values, a local protein alternative to soymeal. Price direction for the feed protein is firmer in the near term.

## Read by commodity

- CSM: bullish ▲

## Sources

- businessworld.in: https://www.businessworld.in/article/cottonseed-oil-cake-futures-rise-on-fresh-bets-404318

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