# Cottonseed oil cake futures spurt on spot demand

> Cottonseed oil cake futures on India's NCDEX rose Rs 18.50 to Rs 1,416 per quintal for July delivery on June 4. The gain followed firm spot markets, strong demand from animal feed makers, and tight stocks.

- Date: 2018-06-04 · published 2018-06-04T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/64649-cottonseed-oil-cake-futures-spurt-on-spot-demand
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Strong feed-maker buying and tight supplies support higher cottonseed meal prices in India, a bullish signal for this feed ingredient.

## Read by commodity

- CSM: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oil-cake-futures-spurt-on-spot-demand-118060400276_1.html

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