Both the contracts were lower on the forward cottonseed oilcake market on Wednesday in process of trading, dealers said. The December contract that had ended at Rs 1306.50 opened with a sharp fall of Rs 1.40 at Rs 1305.10. The January vaida which closed at 1174.80 opened with a loss of Rs 1.30 in the early session at Rs 1173.50, they added.