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Mixed price pattern was seen on the forward cottonseed oilcake market on Friday as prices fluctuated in a narrow band, dealers said. The March vaida did not show any change at the overnight level at Rs 662.50 and that proved to be day's lowest at the same rate.
Later it picked up Rs 2.50 to be day's best at Rs 665.00. During the day, it shed Rs 3.50 to be day's lowest at Rs 661.50, they said. The May vaida was inert at Rs 703.00. In the process of trading, it rose by Re 1.00 to be day's highest at Rs 704.00 and after losing Rs 2.50 closing was lowest at Rs 701.50 closing was seen at the same rate, they said.



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MARCH VAIDA
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Last closing Rs 662.00
Friday's opening Rs 661.50
Highest Rs 665.00
Lowest Rs 661.50
Closing Rs 662.50
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MAY VAIDA
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Last closing Rs 703.00
Friday's opening Rs 702.00
Highest Rs 704.00
Lowest Rs 701.50
Closing Rs 701.50
==============================

Copyright Business Recorder, 2007

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