Oil cake market rates

Both futures were lower on the forward cottonseed oilcake market on Wednesday amid modest trading.
The December vaida commenced with 30 paisa loss for the day at Rs 420.70, which proved to be day's lowest. Later, it improved with Re 1 to be day's best at Rs 420.80.
The next January vaida showed no change in its overnight level at Rs 424.50 and the same figure proved to be best. In process of trading it lost 50 paisa to be day's bottom at Rs 424.00 and closed at the same rate.

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DECEMBER VAIDA

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Last closing          Rs 421.00

Tuesday's opening     Rs 420.70

Highest               Rs 420.80

Lowest                Rs 419.80

Closing               Rs 420.70

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JANUARY VAIDA

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Last closing          Rs 424.50

Tuesday's opening     Rs 424.50

Highest               Rs 424.50

Lowest                Rs 424.00

Closing               Rs 424.00

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