Loading…
Cottonseed oil cake futures on the National Commodity and Derivatives Exchange in India rose Rs 41 to Rs 2,937 per quintal on Thursday as speculators added fresh positions. Open interest for August delivery was 52,200 lots.
Firm spot demand from cattle-feed makers supports cottonseed meal prices, a feed ingredient alternative to soymeal in India. Higher cottonseed cake prices raise feed input costs for Indian livestock producers.
devdiscourse.comPTIJul 29, 2021Not 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.
