Cottonmeal Demand Says Firm Cottonseed oilcake is witnessing good - TopicsExpress



          

Cottonmeal Demand Says Firm Cottonseed oilcake is witnessing good demand now and prices are lingering around Rs 1600 per quintal mark- their two week high. Prices are up nearly 20% compared to the start of the year. Spot markets are eying continued demand from hereon as weak arrivals are likely to act as a supportive factor. The Cottonseed oilcake stocks are reportedly lower in ready market and arrivals are thinning now. The sowing of cotton is reportedly off to a weak start and there is plenty of time for the fresh arrivals. A spurt of nearly Rs 100 is seen from hereon.
Posted on: Fri, 12 Jul 2013 07:41:56 +0000

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