Oil cake market rates

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

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JANUARY VAIDA

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Last closing          Rs 403.50

Saturday's opening    Rs 405.00

Highest               Rs 405.00

Lowest                Rs 403.50

Closing               Rs 404.90

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