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Falling trend was seen on the forward cottonseed oilcake market on Saturday as most of the buyers remained on the sidelines due to lack of interest in new deals, dealers said.
The December vaida was unchanged at Rs Rs 528.70. Later it picked up only 10 paisa to be day's best at Rs 528.80. In process of trading it lost Rs 1.70 to be day's lowest at Rs 527.10 and closing was seen at Rs 528.20,tey said.
The March vaida opened at the overnight level at Rs 562.70. During the day it was quoted Rs 562.00 to be day's best and market settled at the same rate, they said. Later, it lost Rs 1.40 to be day's bottom at Rs 560.60.



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DECEMBER VAIDA
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Last closing Rs 528.70
Saturday's opening Rs 528.70
Highest Rs 528.80
Lowest Rs 527.10
Closing Rs 528.20
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MARCH VAIDA
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Last closing Rs 562.70
Saturday's opening Rs 562.70
Highest Rs 562.00
Lowest Rs 560.60
Closing Rs 562.00
==============================

Copyright Business Recorder, 2006

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