# Cottonseed oil cake futures drop on weak spot cues

> 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.

- Date: 2017-08-02 · published 2017-08-02T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/69579-cottonseed-oil-cake-futures-drop-on-weak-spot-cues
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Substitution away from cottonseed meal and ample supply put downward pressure on Indian cottonseed meal prices.

## Read by commodity

- CSM: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oil-cake-futures-drop-on-weak-spot-cues-117080200529_1.html

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