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Mixed trend was seen on the forward cottonseed oilcake market on Saturday as a very little number of buyers were active to cover the near-term needs, dealers said.
The May vaida was unchanged at Rs 499.70 and market settled at the same level. In process of trading, it gained Rs 50 to be day's best at Rs 500.20. Later, it lost Rs 1.10 to be day's bottom at Rs 499.10, they said.
The July vaida also commenced inert at Rs 511.70. Some buyers entered the market to make new deals and this factor pushed vaida to gain 90 paisa to be day's best at Rs 512.60.In the process of trading, it slot Re.1 to be day's lowest at Rs 511.60 and market settled at Rs 512.10, they said.



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MAY VAIDA
---------------------------------
Last closing Rs 499.70
Saturday's opening Rs 499.70
Highest Rs 500.20
Lowest Rs 499.10
Closing Rs 499.70
---------------------------------
JULY VAIDA
---------------------------------
Last Opening Rs 511.70
Saturday's opening Rs 511.70
Highest Rs 512.60
Lowest Rs 511.60
Closing Rs 512.10
=================================

Copyright Business Recorder, 2006

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