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Cottonseed oil cake futures in India fell 0.57% to Rs 2,792 per quintal for July delivery on the National Commodity and Derivatives Exchange on June 28. Speculators sold holdings in line with weak physical markets, while August contracts rose 1.25%.
Slack demand from cattle-feed makers is keeping cottonseed meal prices under pressure in India. Routine moves like this signal soft domestic feed demand rather than a new supply shock.
business-standard.comPress Trust of IndiaJun 28, 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.
