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Both futures were lower on the forward cottonseed oilcake market on Wednesday as many buyers covered their short-term needs. The March vaida commenced unchanged at Rs 483.60. Later, it gained 10 paisa to be day's best at Rs 483.70. In the process of trading, it shed 20 paisa to be day's bottom at Rs 483.50 and closing was seen at the same level.
The May vaida opened at Rs 494.60. During the day, it picked up 20 paisa to be day's best at Rs 494.60. In the process of trading, it lost sharply by Rs 1.20 to be day's lowest at Rs 493.20 and settled at Rs 493.40.



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MARCH VAIDA
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Last closingB Rs 483.60
Wednesday's opening Rs 483.60
Highest Rs 483.70
Lowest Rs 483.50
Closing Rs 483.50
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MAY VAIDA
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Last closing Rs 494.60
Wednesday's opening Rs 494.60
Highest Rs 494.60
Lowest Rs 493.20
Closing Rs 493.40
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Copyright Business Recorder, 2006

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