Oil cake market rates

Downward trend was again witnessed on the forward cottonseed oilcake market on Wednesday as most of the buyers were not in a hurry to seal any deal in expectations of fall in prices, dealers said. The January vaida opened unchanged at Rs 655.00 and closing was seen at the same level with no fluctuation for the day's bottom and highest levels, they said.
The March vaida opened with no change at Rs 700.50, later, it gained Rs 1.50 to be day's best at Rs 702.00 and closing was seen at the same level, they said. Later, it lost Rs 2.00 to be day's bottom at Rs 700.00, they said.

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JANUARY VAIDA

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Last closing         Rs 655.00

Thursday's opening   Rs 655.00

Closing              Rs 655.00

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MARCH VAIDA

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Last closing         Rs 700.50

Thursday's opening   Rs 700.50

Highest              Rs 702.00

Lowest               Rs 700.00

Closing              Rs 702.50

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