# Cottonseed oil cake futures up on spot demand

> 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.

- Date: 2018-12-06 · published 2018-12-06T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/61684-cottonseed-oil-cake-futures-up-on-spot-demand
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

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.

## Read by commodity

- CSM: bearish ▼

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/commodities/cottonseed-oil-cake-futures-up-on-spot-demand-3260031.html

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