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Falling trend was seen on the forward cottonseed oilcake market on Monday as most of the buyers were on the sidelines on anticipation of more decline in the prices, dealers said
The December vaida opened at Rs 530.70. Later, it gained 30 paisa to be day's best at Rs 531.00. In process of trading it shed Re.1 to be day's bottom at Rs 530.00 and closing was seen at Rs 530.50.
The March vaida was unchanged at Rs 564.50 and that proved to be day's best at the same rate. In process of trading, it shed Re.1 to be day's bottom at Rs 563.50 and market settled at Rs 563.50, they said.



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DECEMBER VAIDA
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Last closing Rs 530.70
Monday's opening Rs 530.70
Highest Rs 531.00
Lowest Rs 530.00
Closing Rs 530.50
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MARCH VAIDA
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Last closing Rs 564.50
Monday's opening Rs 564.50
Highest Rs 564.50
Lowest Rs 563.50
Closing Rs 563.50
==============================

Copyright Business Recorder, 2006

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