# Cottonseed oil cake futures dip on spot demand

> Cottonseed oil cake futures on India's National Commodity and Derivative Exchange fell Rs 6 to Rs 1,403.50 per quintal for May delivery. The decline followed position liquidation amid weak demand in spot markets from animal feed makers. The April contract also dropped.

- Date: 2018-04-11 · published 2018-04-11T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/65635-cottonseed-oil-cake-futures-dip-on-spot-demand
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Weak spot demand from Indian feed makers points to softer domestic cottonseed meal prices in the near term.

## Read by commodity

- CSM: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oil-cake-futures-dip-on-spot-demand-118041100621_1.html

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