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Cottonseed oil cake futures on the National Commodity and Derivative Exchange rose Rs 15 to Rs 2,020 per quintal for June delivery. The gain was driven by speculators adding positions amid firm spot demand and falling supplies from growing regions.
Tighter spot supply and rising speculative buying point to firmer cottonseed meal prices for Indian cattle-feed buyers in the near term.
business-standard.comBusiness StandardApr 28, 2017Not 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.
