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Subdued trading was seen on the forward cottonseed oilcake market on Saturday as most of the buyers kept on the sidelines due to lack of interest, they said.
The December vaida commenced at Rs 445.00. In the process of trading, it gained Rs 1.50 to be day's best at Rs 446.50. Later, it shed Rs 2.10 to be day's bottom at Rs 444.40 and closing was seen at Rs 445.70.
The next January vaida commenced unchanged at Rs 449.00 and that proved to be day's best at the same rate. During the day it lost Rs 2.00 and market settled at Rs 447.50, dealers said.



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DECEMBER VAIDA
-----------------------------------
Last closing Rs 445.00
Saturday's opening Rs 445.00
Highest Rs 446.50
Lowest Rs 444.40
Closing Rs 445.70
-----------------------------------
JANUARY VAIDA
-----------------------------------
Last closing Rs 449.00
Saturday's opening Rs 449.00
Highest Rs 449.00
Lowest Rs 447.00
Closing Rs 447.50
===================================

Copyright Business Recorder, 2005

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