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Futures moved both ways on the forward cottonseed oilcake market on Monday as buyers continued buying on anticipation of increase in the prices, dealers said. The May vaida commenced with 40 paisa gain at Rs 442.60 and that proved to be day's lowest at the same level. In the process of trading, it gained 20 paisa to be day's best at Rs 442.80 and market settled at Rs 442.70.
The Next July contract opened with 40 paisa loss at Rs 442.60.In the process of trading it gained 10 paisa to be day's highest at Rs 442.70. Later, it shed 80 paisa to be day's lowest at Rs 441.90 and closing was seen at the same level, they added.



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MAY VAIDA
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Last closing Rs 442.20
Monday's opening Rs 442.60
Highest Rs 442.80
Lowest Rs 442.60
Closing Rs 442.70
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JULY VAIDA
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Last closing Rs 443.00
Monday's opening Rs 442.60
Highest Rs 442.70
Lowest Rs 441.90
Closing Rs 441.90
===============================

Copyright Business Recorder, 2005

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