# Cottonseed oil cake futures rise on firm spot cues

> 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.

- Date: 2018-03-13 · published 2018-03-13T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/66125-cottonseed-oil-cake-futures-rise-on-firm-spot-cues
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Tighter spot supply and firmer feed-maker demand support cottonseed meal prices in India, a modest bullish signal for feed buyers.

## Read by commodity

- CSM: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oil-cake-futures-recover-on-spot-cues-118031300331_1.html
- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oil-cake-futures-rise-on-firm-spot-cues-118031500321_1.html

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