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Indian cottonseed oil cake futures fell 0.54% to Rs 2,866 per quintal for July delivery on June 18, as speculators sold into a weak spot market. Slack demand from cattle-feed makers kept prices under pressure, while August contracts rose slightly.
Persistent slack feed demand in India is weighing on cottonseed meal prices. The move reflects routine market conditions rather than a new supply or policy shift.
devdiscourse.comPTIJun 18, 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.
