In futures trading on Monday, the price of cottonseed oil cake increased by Rs 38, reaching Rs 3,617 per quintal that was the highest level ever recorded. The taking of additional positions by speculators in response to the rising demand for the commodity was the primary factor that drove this surge. Cottonseed oil cake that Read More
As a result of market players adjusting their positions in reaction to unfavorable patterns observed in the spot market, the prices of cottonseed oil cake dropped by Rs 3, reaching a total of three thousand five hundred fifty rupees per quintal in futures trading on Friday. On the National Commodity and Derivatives Exchange, cottonseed oil Read More
As a result of speculators building new positions in response to increased demand, cottonseed oil cake prices experienced an increase of Rs 22, hitting Rs 3,463 per quintal in futures trade on Tuesday. This increase was driven through the establishment of new positions. On the National Commodity and Derivatives Exchange, cottonseed oil cake for June Read More
There is a substantial obstacle that the price faces at Rs 3,394, which indicates that a powerful correction is now taking place. The support levels that have been identified as Rs 3,288 and Rs 3,266 provide prospects for acquisition that may be considered realistic. An indication of a likely downturn in the market is provided Read More
