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Downward trend was seen on the forward cottonseed oilcake market on Monday as supplies eased from upcountry markets, dealers said. The December vaida was unchanged at Rs 537.50. In the process of trading it quoted highest at Rs 535.50.
Later, it shed Rs Rs2.00 to be day's lowest at Rs 533.00 and closing was seen at Rs 533.50. The next March vaida was unchanged at Rs 569.00 and market settled at the same level without showing any loss or gain for the day.



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DECEMBER VAIDA
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Last closing Rs 537.50
Monday's opening Rs 537.50
Highest Rs 535.50
Lowest Rs 533.50
Closing Rs 533.50
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MARCH VAIDA
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Last closing Rs 569.00
Monday's opening Rs 569.00
Closing Rs 569.00
==============================

Copyright Business Recorder, 2006

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