# Cottonseed oilcake futures rise on short-covering

> Cottonseed oilcake futures in India rose Rs 17 to Rs 1,411 per quintal for August delivery. Short covering and a firm spot market on strong demand against limited supply drove the gain.

- Date: 2017-08-03 · published 2017-08-03T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/69580-cottonseed-oilcake-futures-rise-on-short-covering
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Firm spot demand and short covering point to near-term support for cottonseed meal prices in India.

## Read by commodity

- CSM: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oilcake-futures-rise-on-short-covering-117080300474_1.html

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