Oil cake market rates

Upward trend was seen on the forward cottonseed oilcake market on Tuesday as showed renewed interest in fresh buying, dealers said. The December vaida, which closed at 909.60 and opened with a gain of 20 paisa at Rs 909.80, and the January contract, which ended at Rs 953.00 but opened with a steep rise of 50 paisa at Rs 953.00, dealers said.
No change was seen in the present outlook as the rising trend persisted on the forward cottonseed oilcake market on Wednesday amid strong demand, dealers said.The December vaida, which closed at 909.80. opened with a gain of 50 paisa at Rs 910.30, and the January contract, which ended at Rs 953.50 opened with a rise of 30 paisa at Rs 953.80, dealers said.