# Monsoon Progress to Continue Guiding Domestic Cotton Cake Markets

> Cotton cake futures in India have struggled to move higher for three to four weeks as expensive prices discouraged physical buying, with rains in Maharashtra and Telangana adding pressure. The August contract settled the week 2.3% lower at 2871 rupees per quintal.

- Date: 2021-07-10 · published 2021-07-10T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/46172-monsoon-progress-to-continue-guiding-domestic-cotton-cake-markets
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Tight cottonseed supply and firm edible oil prices are expected to support cotton cake values in coming months. Buyers stepping in on dips suggest underlying support for cottonseed meal prices.

## Read by commodity

- CSM: neutral

## Sources

- krishijagran.com: https://krishijagran.com/commodity-news/monsoon-progress-to-continue-guiding-domestic-cotton-cake-markets/

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