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Firm trend was witnessed on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. No change was seen in the July vaida on Tuesday's opening rate at Rs 438.10. In the process of trading it gained Rs 2.60 to be day's best at Rs 440.70.
Later, it lost sharply to be day's bottom at Rs 437.80 and closing was seen at Rs 439.60, they said.
The December vaida opened with 50 paisa loss at Rs 423.20 and closing was seen at the same level. In the process of trading, it gained the same amount to be day's highest at Rs 423.70. Later, it lost Rs 1.50 to be day's bottom at Rs 422.40.



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JULY VAIDA
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Last closing Rs 438.10
Tuesday's opening Rs 438.10
Highest Rs 440.70
Lowest Rs 437.80
Closing Rs 439.60
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DECEMBER VAIDA
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Last closing Rs 423.70
Tuesday's opening Rs 423.20
Highest Rs 423.70
Lowest Rs 422.40
Closing Rs 423.20
===========================

Copyright Business Recorder, 2005

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