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Downward trend was seen on the forward cottonseeds oilcake market on Tuesday as both the futures tended lower on easy supply position, dealers said. The March vaida opened with 50 paisa loss at Rs 434.50 and closing was seen at Rs 435. During the day, it did not show any change for the highest and lowest levels. The Next May vaida was 20 paisa lower at Rs 433.10, which proved to be day's best at the same level. In the process of trading it shed 70 paisa to be day's lowest at Rs 432.40 and market settled at the same rate.



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MARCH VAIDA
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Last closing Rs 435.50
Tuesday's opening Rs 435.00
Closing Rs 435.00
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MAY VAIDA
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Last closing Rs 433.30
Tuesday's opening Rs 433.10
Highest Rs 433.10
Lowest Rs 432.40
Closing Rs 433.30
===============================

Copyright Business Recorder, 2005

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