Higher trend was seen in the forward cottonseed oilcake market on Monday due to short supply position, dealers said. The December vaida commenced unchanged at Rs 445.70 and that proved to be day's lowest at the same rate, dealers said.
In the process of trading, it rose by Rs 2.50 to be day's highest at Rs 448.20 and closing was seen at the same level, they added.
The next vaida opened unchanged at Rs 447.50 and this proved to be day's bottom at the same level, they said. Later, it gained Rs 4.00 to be day's best at Rs 451.00 and market settled at Rs 451.00, they added.
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DECEMBER VAIDA
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Last closing Rs 445.70
Monday's opening Rs 445.70
Highest Rs 448.20
Lowest Rs 445.70
Closing Rs 448.20
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JANUARY VAIDA
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Last closing Rs 447.50
Monday's opening Rs 447.50
Highest Rs 451.50
Lowest Rs 447.50
Closing Rs 451.00
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