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Upward trend was again witnessed in the forward cottonseed oilcake market on Friday as supply position was tight in process of trading, dealers said. The December vaida commenced with Rs 4.00 gain at Rs 565.00 and market settled with Rs 3.00 rise at Rs 568.00, dealers said.
The January vaida showed no change in its overnight levels at Rs 540.00 and closing was seen at the same rate, they said.



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DECEMBER VAIDA
==============================
Last closing Rs 561.00
Friday's opening Rs 565.00
Highest Rs 568.00
Lowest Rs 565.00
Closing Rs 568.00
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JANUARY VAIDA
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Last closing Rs 540.00
Friday's opening Rs 540.00
Closing Rs 540.00
==============================

Copyright Business Recorder, 2007

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