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Cottonseed oil cake futures for December delivery on the NCDEX fell Rs 7, or 0.18%, to Rs 3,862 per quintal on Friday. Participants trimmed positions as the spot market stayed subdued, with open interest at 22,410 lots.
Lower futures reflect soft spot demand for cottonseed meal in India, which points to weaker domestic meal prices in the near term. The move is small and routine, with no new supply or policy cause.
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.