Upward trend was seen on the forward cottonseed oilcake market on Wednesday as buyers were active on short crop news, dealers said. The December vaida is near to mature, showing no change for the day, dealers said.
The January contract was up at Rs 449.00, in the process of trading, it gained rupee two to be day's best at Rs 451.00. Later, it shed Rs 2.30 to be day's bottom at Rs 448.70 and market settled at Rs 450.40, they said.
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DECEMBER VAIDA
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Last closing Rs 438.00
Wednesday's opening Rs 438.00
Highest Rs 438.00
Lowest Rs 438.00
Closing Rs 438.00
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JANUARY VAIDA
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Last closing Rs 448.80
Wednesday's opening Rs 449.00
Highest Rs 451.00
Lowest Rs 448.70
Closing Rs 450.40
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