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Cottonseed oil cake futures in India slipped by Rs 14 to Rs 2,000 per quintal for June delivery on May 2. The May contract also fell by Rs 13.
Speculators cut their positions amid sluggish spot demand.
Muted demand from feed users in the physical market is weighing on Indian cottonseed meal values. The price trend points lower while spot buying stays subdued.
Not 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.