# Cottonseed oilcake futures surge Rs 20 per quintal

> Cottonseed oilcake futures on the National Commodity and Derivatives Exchange in India rose Rs 20 to Rs 2,179 per quintal for May delivery, a 0.93% gain. Speculative position accumulation and firm spot demand from cattle-feed industries drove the move.

- Date: 2017-03-31 · published 2017-03-31T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/72100-cottonseed-oilcake-futures-surge-rs-20-per-quintal
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Firm spot demand from cattle-feed buyers and speculative buying point to near-term support for cottonseed meal prices in India, a modest move with limited global read-through.

## Read by commodity

- CSM: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oilcake-futures-surge-rs-20-per-quintal-117033100306_1.html

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