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Indian cottonseed oil cake futures fell 0.34% to Rs 2,810 per quintal for July delivery on June 27. Speculators offloaded positions as physical markets weakened, and muted demand from cattle-feed makers added pressure.
Weak feed-maker purchasing keeps cottonseed meal prices soft in India. The move is a routine daily fluctuation with no new supply or policy cause.
devdiscourse.comPTIJun 27, 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.
