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Thin business was seen on the forward cottonseed oilcake market on Saturday as many buyers kept on the sidelines due to lack of interest, dealers said. The July vaida commenced at Rs 545.00 and closing was seen at the same level.
The August vaida followed suit and opened with no change at Rs 600.00 and closing was seen at the same rate, they said.
The December vaida opened at Rs 507.10. Later, it gained Rs 1.40 to be day's best at Rs 508.50. In process of trading it shed Rs 3.00 to be day's bottom at Rs 505.50 and market settled at Rs 506.70.



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JULY VAIDA
---------------------------------
Last closing Rs 545.00
Saturday's opening Rs 545.00
Closing Rs 545.00
---------------------------------
AUGUST VAIDA
---------------------------------
Last closing Rs 600.00
Saturday's opening Rs 600.00
Closing Rs 600.00
---------------------------------
DECEMBER VAIDA
---------------------------------
Last closing Rs 507.10
Saturday's opening Rs 507.10
Highest Rs 508.50
Lowest Rs 505.50
Closing Rs 506.70
=================================

Copyright Business Recorder, 2006

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