Oil cake market rates

Both futures were higher on the forward cotton seed oilcake market on Wednesday, dealers said.
The December vaida opened at Rs 416.00. Later, during the day it improved to be day's best at Rs 419.70. In the process of trading it lost sharply to be day's lowest at Rs 415.00 and closing was seen at Rs 417.50.
The January contract opened at Rs 417.00, which proved to be day's lowest. In the process of trading it gained steeply to be day's highest at Rs 422.00 and settled at the same level.

=================================

DECEMBER VAIDA

=================================

Last closing            Rs 415.70

Wednesday's opening     Rs 416.00

Highest                 Rs 419.70

Lowest                  Rs 415.00

Closing                 Rs 417.50

---------------------------------

JANUARY VAIDA

---------------------------------

Last closing            Rs 412.00

Wednesday's opening     Rs 417.00

Highest                 Rs 422.00

Lowest                  Rs 417.00

Closing                 Rs 422.00

=================================