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Both futures were lower on the forward cotton seed oilcake market on Tuesday as most buyers remained on the sidelines, dealers said.
The December vaida opened weaker at Rs 411.20. Later, it picked up 40 paisa to be day's best at Rs 411.60. In process of trading it lost Rs 2 to be day's lowest at Rs 409.60 and closed at Rs 410.60.
The next vaida, January, commenced with no change at Rs 416.00 and that proved to be day's best at Rs 416.00. During the day, it shed Re 1 to be day's lowest at Rs 415.00 and closed at the same level.



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DECEMBER VAIDA
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Last closing Rs 413.60
Tuesday's opening Rs 411.20
Highest Rs 411.60
Lowest Rs 409.60
Closing Rs 410.60
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JANUARY VAIDA
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Last closing Rs 416.00
Tuesday's opening Rs 416.00
Highest Rs 416.00
Lowest Rs 415.00
Closing Rs 415.00
===============================

Copyright Business Recorder, 2004

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