Oil cake market rates

Sliding trend was witnessed on the forward cottonseed oilcake market as the January vaida matured amid thin activity.
The March vaida commenced with no change at Rs 447.30. Later it picked up 50 paisa to be day's best at Rs 448.20.
In the process of trading it lost Rs 2.40 to be day's lowest at Rs 445.80 and closing was seen at Rs 446.10.
The next May vaida followed suit and opened at Rs 454.00. In the process of trading it gained Re one to be day's best at Rs 455.00.
Later, it shed Rs 3.50 to be day's bottom at Rs 451.50 and market closed at Rs 452.00 to show a fall of Rs two for the day.

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MARCH VAIDA

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Last closing         Rs 447.30

Monday's opening     Rs 447.30

Highest              Rs 448.20

Lowest               Rs 445.80

Closing              Rs 446.10

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MAY VAIDA

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Last closing         Rs 454.00

Monday's opening     Rs 454.00

Highest              Rs 455.00

Lowest               Rs 451.50

Closing              Rs 452.00

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