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Cottonseed oil cake futures on India's National Commodity and Derivatives Exchange rose Rs 12.50 to Rs 1,483 per quintal for May delivery, with April contracts up Rs 12. Traders cited position building and lower ready stocks, along with stronger demand from animal feed makers.
Tighter spot supply and firmer feed-maker demand support cottonseed meal prices in India, a modest bullish signal for feed buyers.
business-standard.comPress Trust of IndiaMar 13, 2018business-standard.comPress Trust of IndiaMar 15, 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.
