# Cottonseed recovers in futures trade

> Cottonseed oilcake futures in India recovered by Rs 5 to Rs 3,915 per quintal for February delivery, with March contracts also rising. The gain was attributed to fresh position building and firm spot markets.

- Date: 2017-02-07 · published 2017-02-07T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/72604-cottonseed-recovers-in-futures-trade
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Firmer Indian spot markets support cottonseed meal values in the short term. The move is a small routine futures change without a new supply or demand shock.

## Read by commodity

- CSM: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-recovers-in-futures-trade-117020700320_1.html

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