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Cottonseed oilcake futures in India fell Rs 25 to Rs 1,427 per quintal for the most active August contract. Lower speculative bets and weak physical markets pushed prices down, as buyers switched to cheaper alternatives and supplies grew.
Substitution away from cottonseed meal and ample supply put downward pressure on Indian cottonseed meal prices.
business-standard.comPress Trust of IndiaAug 2, 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.
