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Thin business was seen on the forward cottonseed oilcake market on Friday as most of the buyers were on the sidelines due to lack of interest in fresh deals, dealers said. The March vaida did not show any change at Rs 695.00 and market settled at the same level without showing any change for the day's lowest and best levels, they said.
The May contact commenced at Rs 727.50 and that proved to be day's best at the same level, they said. During the day, it lost Rs 1.50 to be day's lowest at Rs 725.00 market settled with an improvement of Rs 2.00 at Rs 727.00, they said.


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MARCH VAIDA
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Last closing Rs 695.00
Friday's opening Rs 695.00
Closing Rs 695.00
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MAY VAIDA
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Last closing Rs 727.50
Friday's opening Rs 727.50
Highest Rs 727.50
Lowest Rs 725.00
Closing Rs 727.00
==============================

Copyright Business Recorder, 2008

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