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Cottonseed oilcake futures on NCDEX rebounded from an August low of ₹1,365 a quintal and were trading near ₹1,590. Spot demand and restricted supplies have supported the recovery, which an analyst says may signal the end of a downtrend that began in September 2016.
Firmer domestic oilcake prices raise feed costs for Indian animal-feed buyers and point to tighter cottonseed meal availability.
thehindubusinessline.comGurumurthy KNov 21, 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.
