Cottonseed oil cake prices increased by Rs 1.5 at Rs 2,215.5 per quintal in futures trade on Wednesday due to accumulation of positions amid upbeat trend at the spot market.
Soybean prices
Soybean Prices to Trade Sideways to Lower: Neal Bhai Reports
Neal Bhai Report on Soybean
According to the data released by SEA, India’s soy meal exports down 32% on year to 59,643 tn in August due to dull demand from major importers. For Apr – Aug, India’s soymeal exports down by 4% on year at 3.72 lakh tonnes. However, there is anticipation of good physical demand for crushing due to expectations over rising exports to China.
Trade War Sends Commodities to Biggest Drop in 5 Months
Gold Silver Reports (GSR) – China, the biggest consumer of everything from copper to coal, has warned that the proliferation of tariffs could cause a global recession.