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Futures moved both ways on the forward cottonseed oilcake market on Monday as some buyers bought according to their requirements, dealers said. The December vaida commenced with 20 paisa loss at Rs 404.30 which proved to be day's best and, incidentally, closed at the same level. The next January vaida opened with Rs 1.50 gain at Rs 405.00 and that proved to be day's best.
In the process of trading it lost Rs 1.50 and settled at Rs 404.90.



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DECEMBER VAIDA
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Last closing Rs 404.50
Monday's opening Rs 404.30
Highest Rs 404.30
Lowest Rs 404.00
Closing Rs 404.30
-------------------------------
JANUARY VAIDA
-------------------------------
Last closing Rs 403.50
Saturday's opening Rs 405.00
Highest Rs 405.00
Lowest Rs 403.50
Closing Rs 404.90
===============================

Copyright Business Recorder, 2004

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