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Cottonseed oil cake futures in India dropped by Rs 16 to Rs 1,542 per quintal for January delivery on October 26. The decline followed position liquidation amid subdued physical markets and rising stocks from constant arrivals.
Rising stocks and feed makers pulling back support point to continued pressure on cottonseed meal prices. Feed buyers in India can expect softer quotes while supplies remain heavy.
newindianexpress.comFrom our online archiveOct 26, 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.
