# Cottonseed oil cake futures ease on spot cues

> Cottonseed oil cake futures on India's National Commodity and Derivatives Exchange fell by Rs 12 to Rs 1,913 per quintal for May delivery, a decline of about 0.6%. The June contract dropped by a similar amount to Rs 1,963. Weak spot markets and speculators trimming positions drove the decline.

- Date: 2017-05-05 · published 2017-05-05T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/71135-cottonseed-oil-cake-futures-ease-on-spot-cues
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Weak spot demand from cattle-feed makers, who are switching to cheaper alternatives, is pressuring Indian cottonseed meal prices. Continued substitution would keep futures under downward pressure.

## Read by commodity

- CSM: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oil-cake-futures-ease-on-spot-cues-117050500433_1.html

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