Loading…
Cottonseed oil cake futures on India's National Commodity and Derivatives Exchange rose Rs 17 (0.76%) to Rs 2,254 per quintal for January delivery on Friday. February contracts gained 1.02%.
Traders cited rising position-taking and demand from cattle-feed makers.
Firm cattle-feed demand in India supports domestic cottonseed meal prices, a routine move with no new supply shock.
business-standard.comPress Trust of IndiaDec 27, 2019Not 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.
