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Cottonseed oil cake futures in India rose Rs 53 (2.44%) to Rs 2,221 per quintal for January delivery on Monday. February contracts gained 2.56%.
Marketmen attributed the rise to position accumulation and steady demand from cattle-feed makers.
Steady cattle-feed buying supports domestic cottonseed meal values, a routine price move without a new supply driver.
business-standard.comPress Trust of IndiaDec 23, 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.
