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Cottonseed oil cake futures on India's National Commodity and Derivative Exchange rose 1.81% to Rs 1,825 per quintal for the January contract on short covering by speculators. Spot prices gained on higher demand from animal feed makers amid a halt in supplies from growing regions.
Firmer spot demand from feed makers and tight regional supplies support Indian cottonseed cake prices, a meaningful feed input in that market.
business-standard.comBusiness StandardDec 28, 2017Not 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.
