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Indian cottonseed oil cake futures on NCDEX rose about 1% to Rs 3,147 per quintal on August 26 as speculators added positions amid firm spot demand. Open interest was about 33,630 lots.
Rising Indian futures signal firmer domestic demand for cottonseed meal, a feed protein, though the move is small and driven by speculative positioning.
business-standard.comPress Trust of IndiaAug 26, 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.
