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Higher trend was seen on the forward cottonseed oilcake market on Saturday as players continued buying to meet the near-term needs, dealers said. The December vaida opened unchanged at Rs 423.60, which proved to be day's lowest at the same level, they added.
In the process of trading, it gained Rs 1.10 to be day's best at Rs 424.70 and closing was seen at Rs 423.80.
The January vaida commenced inert at Rs 429.00 and that proved to be day's bottom at the same level. Later, it picked up Rs 2 to be day's highest at Rs 431.00 and market settled at Rs 430.00.



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DECEMBER VAIDA
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Last closing Rs 423.60
Saturday's opening Rs 423.60
Highest Rs 424.70
Lowest Rs 423.60
Closing Rs 423.80
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JANUARY VAIDA
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Last closing Rs 429.00
Saturday's opening Rs 429.00
Highest Rs 431.00
Lowest Rs 429.00
Closing Rs 430.00
====================================

Copyright Business Recorder, 2005

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