Oil cake market rates

Easier trend was seen in the forward cottonseed oilcake market on Thursday as most of the buyers were on the sidelines due to limited interest , dealers said.
The December vaida opened unchanged at Rs 445.50 and that proved to be day's highest at the same level. In the process of trading, it lost Rs 1.90 to be day's bottom at Rs 444.50 and market settled at Rs 444.60.
The next January vaida opened at the overnight level at Rs 446.50 and this proved to be day's best at the same level, it lost 50 paisa to be day's lowest at Rs 446.00 and closing was seen at the same level, dealers said.

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DECEMBER VAIDA

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Last closing             Rs 445.50

Thursday's opening       Rs 445.50

Highest                  Rs 446.40

Lowest                   Rs 444.50

Closing                  Rs 444.60

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JANUARY VAIDA

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Last closing             Rs 446.50

Thursday's opening       Rs 446.50

Highest                  Rs 446.50

Lowest                   Rs 446.00

Closing                  Rs 446.00

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