# Cottonseed oilcake futures fall on profit booking

> NCDEX cottonseed oilcake futures for February delivery fell Rs 20 to Rs 2,230 per quintal on profit booking and weak spot demand. Open interest was 67,200 lots.

- Date: 2017-01-31 · published 2017-01-31T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/73090-cottonseed-oilcake-futures-fall-on-profit-booking
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Spot weakness and position cutting point to softer Indian oilcake prices for near-term feed purchases.

## Read by commodity

- CSM: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/cottonseed-oilcake-futures-fall-on-profit-booking-117013100316_1.html

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