Declining trend was seen on the forward cottonseed oilcake market on Thursday as most of the buyers kept on the sidelines on anticipation of further fall in the prices, dealers said.
The December vaida opened with Rs 2.00 at Rs 415.50. It improved with Rs 2.30 gain to be day's best at Rs 417.20. In the process of trading it lost Rs 2.40 to be day's lowest at Rs 414.80 and closing was seen at Rs 415.70.
The next vaida opened with Re. 1 gain at Rs 423.00, which proved to be day's best also.
Later, it lost Rs 4.00 to be days lowest at Rs 419.00 and market settled at the same amount.
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DECEMBER VAIDA
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Last closing Rs 417.50
Thursday's opening Rs 415.50
Highest Rs 417.20
Lowest Rs 414.80
Closing Rs 415.70
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JANUARY VAIDA
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Last closing Rs 422.00
Thursday's opening Rs 423.00
Highest Rs 423.00
Lowest Rs 419.00
Closing Rs 419.00
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