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Cottonseed oil cake for January 2019 delivery on the NCDEX fell Rs 18, or 0.99%, to Rs 1,883 per quintal, with open interest of 3,760 lots. The move was a routine daily futures change.
Small futures declines in Indian cottonseed cake reflect softer local feed demand and do little to change the global meal outlook. Feed buyers face only marginal price pressure.
Not 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.