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Cottonseed oil cake futures on the National Commodity and Derivatives Exchange rose about 1 percent on March 1, 2021, with March delivery at ₹2,242 per quintal and April at ₹2,265. Speculators added fresh positions amid firm spot demand from cattle-feed makers.
Rising futures driven by feed-maker demand point to firmer cottonseed meal prices in India, supporting feed costs for dairy and cattle operations.
livemint.comPTIMar 1, 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.
