# Cottonseed oil cake futures weaken on spot cues

> 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.

- Date: 2017-10-26 · published 2017-10-26T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/68585-cottonseed-oil-cake-futures-weaken-on-spot-cues
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

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.

## Read by commodity

- CSM: bearish ▼

## Sources

- newindianexpress.com: https://www.newindianexpress.com/pti-news/2017/Oct/26/cottonseed-oil-cake-futures-weaken-on-spot-cues-1683474.html

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