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Cottonseed oil cake for January 2019 delivery on the NCDEX fell 0.81%, or Rs 15.5, to Rs 1,908 per quintal. Speculators sold positions in line with weak physical market trends.
Speculative liquidation and weak physical trade point to softer Indian cottonseed cake values for feed buyers. The effect on global meal prices is limited.
business-standard.comPress Trust of IndiaDec 4, 2018Not 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.
