# Cottonseed oil cake futures dip on low demand

> Indian cottonseed oil cake futures fell Rs 29 to Rs 3,218 per quintal on August 28 as the spot market was muted. Marketmen cited weak demand from animal feed makers. Open interest was about 30,880 lots.

- Date: 2019-08-28 · published 2019-08-28T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/57701-cottonseed-oil-cake-futures-dip-on-low-demand
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Weak feed-maker demand in India pressures cottonseed meal prices and signals softer domestic protein demand.

## Read by commodity

- CSM: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oil-cake-futures-dip-on-low-demand-119082800586_1.html

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