Oil cake market rates

Rising trend was seen on the forward cottonseed oilcake market as buyers became active in anticipation of tight supply position in the coming days, dealers said.
The December vaida commenced with 30 paisa gain at Rs 418.80. In the process of trading, it gained Rs 2.20 to be day's best at Rs 421.00. Later, it lost Rs 1.70 to be day's lowest at Rs 419.30 and closing was seen at Rs 419.80, dealers said.
The January vaida was unchanged at Rs 427.00, dealers said.

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DECEMBER VAIDA

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Last closing           Rs 418.50

Saturday's opening     Rs 418.80

Highest                Rs 421.00

Lowest                .Rs 419.30

Closing                Rs 419.80

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JANUARY VAIDA

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Last closing           Rs 427.00

Saturday's opening     Rs 427.00

Closing                Rs 427.00

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