# Cottonseed oil cake futures soften on profit booking

> Cottonseed oil cake futures in India fell Rs 51 to Rs 4,422 per quintal for the February contract as speculators took profits. Traders cited increased supplies and weak feed-maker demand at spot markets.

- Date: 2017-12-27 · published 2017-12-27T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/67592-cottonseed-oil-cake-futures-soften-on-profit-booking
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Rising supplies and softer feed demand point to lower Indian cottonseed cake 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-soften-on-profit-booking-117122700314_1.html

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