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Higher trend was seen on the forward cottonseed oilcake market on Monday as leading buyers jumped for the forward buying, dealers said. The July vaida commenced with no change at Rs 439.40. In the process of trading, it gained 40 paisa to be day's best at Rs 439.80. Later it lost 80 paisa to be day's bottom at Rs 439.00 and closed at Rs 439.70.
The December vaida opened unchanged at Rs 418.00 and that proved to be day's lowest at the same level, dealers said. During the day, it picked up Rs 1.60 to be day's highest at Rs 419.60 and closing was seen at Rs 419.50.



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JULY VAIDA
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Last closing Rs 439.40
Monday's opening Rs 439.40
Highest Rs 439.80
Lowest Rs 439.00
Closing Rs 439.70
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DECEMBER VAIDA
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Last closing Rs 418.00
Monday's opening Rs 418.00
Highest Rs 419.60
Lowest Rs 418.00
Closing Rs 419.50
===========================

Copyright Business Recorder, 2005

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