# Cottonseed oil cake futures gain on upbeat cues

> 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.

- Date: 2019-08-26 · published 2019-08-26T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/57698-cottonseed-oil-cake-futures-gain-on-upbeat-cues
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Rising Indian futures signal firmer domestic demand for cottonseed meal, a feed protein, though the move is small and driven by speculative positioning.

## Read by commodity

- CSM: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oil-cake-futures-gain-on-upbeat-cues-119082600457_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.