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Cottonseed oil cake futures on India's National Commodity and Derivatives Exchange traded Rs 17 (0.88%) higher at Rs 1,942 per quintal for December delivery on Friday. January contracts rose 0.82%.
Participants added positions on spot demand, with cattle-feed makers cited as the main buyers.
Steady feed-mill demand in India supports domestic cottonseed meal prices, a routine move with no new supply shock.
business-standard.comPress Trust of IndiaDec 6, 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.
