Loading…
Cottonseed oil cake futures for December delivery on the NCDEX rose Rs 34 to Rs 3,836 per quintal on Thursday, a gain of 0.8%. Open interest stood at 21,600 lots as traders added new positions.
Stronger demand for cattle feed and fresh speculative buying support cottonseed meal prices in India. The rise is modest and driven by positioning rather than a supply shock.
Not 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.