# Cottonseed futures extend losses

> Cottonseed oilcake futures on India's National Commodity and Derivatives Exchange fell by about Rs 33 per quintal to Rs 4,012 for far-month April delivery. The decline followed position trimming amid weak spot demand from cattle-feed makers and increased supplies from growing regions.

- Date: 2017-02-21 · published 2017-02-21T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/72602-cottonseed-futures-extend-losses
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Weaker Indian cattle-feed demand and rising supplies point to softer cottonseed meal prices in India. The move is a routine futures decline with limited effect on global feed markets.

## Read by commodity

- CSM: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-futures-extend-losses-117022100345_1.html

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