Higher trend was witnessed on the forward cottonseed oilcake market on Saturday as supply was short of demand, dealers said. The March vaida was inert at Rs 692.00. Later, it picked kup Rs 4.50 to be day's best at Rs 696.50 and closing was seen at the same level, they said.
In process of trading, it shed Rs 5.00 to be day's bottom at Rs 691.50, they added. The May vaida was unchanged at Rs 717.50, they said. During the day rose by Rs 3.50 tobe day's highest at Rs 721.00 and market settled at the same rate, they said. Later, it shed Rs 2.50 to be day's bottom at Rs 718.50, they said.
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MARCH VAIDA
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Last closing Rs 692.00
Saturday's opening Rs 692.00
Highest Rs 696.50
Lowest Rs 691.50
Closing Rs 696.50
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MAY VAIDA
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Last closing Rs 717.50
Saturday's opening Rs 717.50
Highest Rs 721.00
Lowest Rs 718.50
Closing Rs 721.00
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