Cottonseed oil prices likely to rise by Rs 5-6 per litre during festive season

A price increase of Rs 5-6 per litre in cottonseed oil is expected during the festive season due to higher demand, despite a better-than-expected cotton yield. The sector has been stable recently, but a decrease in cotton sowing this year—down by 3.61%—could impact next year's yield and lead to market volatility.