Oil cake market rates

Higher trend was seen on the forward cottonseed oilcake market as both contracts tended up on rising demand, dealers said.
The December vaida opened with 40 paisa loss at Rs 408.20. Later, it gained Rs 4.40 to be day's best at Rs 412.60 and closed at the same rate after dropping Rs 5.60 to day's lowest at Rs 407.00.
The January vaida commenced with Rs 4.00 gain at Rs 412.00 and closing was seen at the same level.

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DECEMBER VAIDA

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Last closing            Rs 408.60

Wednesday's opening     Rs 408.20

Highest                 Rs 412.60

Lowest                  Rs 407.00

Closing                 Rs 401.60

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JANUARY VAIDA

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Last closing            Rs 408.00

Wednesday's opening     Rs 412.00

Highest                       Nil

Lowest                        Nil

Closing                 Rs 412.00

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