# Cottonseed oil cake futures rise on fresh bets | Business

> 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.

- Date: 2021-07-29 · published 2021-07-29T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/46171-cottonseed-oil-cake-futures-rise-on-fresh-bets-business
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

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.

## Read by commodity

- CSM: bullish ▲

## Sources

- devdiscourse.com: https://www.devdiscourse.com/article/business/1670896-cottonseed-oil-cake-futures-rise-on-fresh-bets

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