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Softer trend was seen on the forward cottonseed oilcake market on Wednesday as most of the buyers kept to sidelines ahead of holidays, dealers said. The March vaida did not show any change at Rs 695.00 and closed at the same level without showing any change for day's lowest and highest levels, they said.
The May vaida also opened with no change at Rs 730.00 and settled at the same level. However, during the day, it posted a gain of 50 paisa to be day's best at Rs 730.50, and in the meantime it shed Re 1.50 to be day's lowest at Rs 729.00 before closing at Rs 730, they said.



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MARCH VAIDA
---------------------------------
Last closing Rs 695.00
Wednesday's opening Rs 695.00
Closing Rs 695.00
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MAY VAIDA
---------------------------------
Last closing Rs 730.00
Wednesday's opening Rs 730.00
Highest Rs 730.50
Lowest Rs 729.00
Closing Rs 730.00
=================================

Copyright Business Recorder, 2008

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