# Cottonseed oil cake futures decline on spot cues

> Cottonseed oil cake futures in India fell Rs 30 to Rs 1,734 per quintal on June 2 as traders liquidated positions in line with weak spot markets. July contracts also declined.

- Date: 2017-06-02 · published 2017-06-02T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/70607-cottonseed-oil-cake-futures-decline-on-spot-cues
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Weak spot demand in India pulled futures lower, signalling softer near-term cottonseed meal values.

## Read by commodity

- CSM: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oil-cake-futures-decline-on-spot-cues-117060200547_1.html

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