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India's roughly 1,000 cottonseed processors are asking the central government for a special technology upgrade package. Only about 5% of cottonseed is scientifically processed, which leads to oil and by-product losses, and the industry wants incentives on both supply and demand sides.
Better processing could raise cottonseed meal and oil output over time, but this is a funding request with no immediate effect on prices.
news.textileexcellence.comTextile, Apparel Newspaper, MagazineNov 13, 2016Not 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.
