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Cottonseed oil cake futures on the National Commodity and Derivatives Exchange fell Rs 22 to Rs 1,924 per quintal on Thursday for September delivery, a 1.13% drop. December delivery dropped Rs 8 to Rs 1,859.
Weak spot demand and selling by futures participants are pressuring Indian cottonseed meal values, a feed protein used in local livestock rations. Prices are likely to stay soft while spot demand remains subdued.
mandibhav.comAug 27, 2020Not 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.
