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Cottonseed oil cake futures on the National Commodity and Derivatives Exchange fell by about Rs 38 per quintal on February 24, to Rs 1,624 for March delivery. Participants cut their positions amid weak spot market demand.
Falling futures reflect weak Indian demand for cottonseed meal, which points to softer domestic feed meal prices in the near term.
timesofindia.indiatimes.comPTIFeb 24, 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.
