Upward trend was seen on the forward cottonseed oilcake market on Wednesday as buyers were active to cover their near term requirements, dealers said. The May vaida commenced with no change at Rs 444.00. In the process of trading it gained 80 paisa to be day's best at Rs 444.80. Later, it shed 30 paisa to be day's bottom at Rs 444.50 and closing was seen at the same level.
The next July vaida did not show any change at Rs 441.00. Later, it picked up Re 1 to be day's highest at Rs 442.00. During the day it lost Rs 1.10 to be day's lowest at Rs 440.90 and closing was seen at Rs 441.80.
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MAY VAIDA
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Last closing Rs 444.00
Wednesday's opening Rs 444.00
Highest Rs 444.80
Lowest Rs 444.50
Closing Rs 444.50
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JULY VAIDA
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Last closing Rs 441.00
Wednesday's opening Rs 441.00
Highest Rs 442.00
Lowest Rs 440.90
Closing Rs 441.80
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