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Cottonseed oil cake futures on India's National Commodity and Derivatives Exchange fell by Rs 23 to Rs 1,817 per quintal for February delivery on January 30. Participants cut bets amid a weak spot market.
Lower Indian cottonseed cake futures signal softer domestic demand for this meal, which is a competing protein feed. The move is routine and small.
business-standard.comPress Trust of IndiaJan 30, 2020business-standard.comPress Trust of IndiaJan 29, 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.
