# Cottonseed oil cake futures drop by Rs 22 per quintal

> Cottonseed oil cake futures on the National Commodity and Derivatives Exchange fell Rs 22 to Rs 2,737 per quintal for the July contract on Tuesday. Traders cut long bets after spot prices weakened on high stocks and soft demand from the soap, paint and lubricant industries.

- Date: 2019-05-14 · published 2019-05-14T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/59206-cottonseed-oil-cake-futures-drop-by-rs-22-per-quintal
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Heavy Indian stocks and weak industrial demand point to softer domestic cottonseed meal values. Lower prices may ease feed costs for buyers in the region.

## Read by commodity

- CSM: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oil-cake-futures-drop-by-rs-22-per-quintal-119051400584_1.html

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