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The May vaida was unchanged and the July contract was down on the forward cottonseed oilcake market on Tuesday as buyers were not so much interested in fresh deals in anticipation of decline in the rates, dealers said. The May contract had ended at Rs 997.20 on Monday started at the same rate in process of trading, dealers said. The new July vaida that closed at Rs 962.10 commenced with a fall of 10 paisa at Rs 962.00, they added.

Copyright Business Recorder, 2010

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