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Upward trend was witnessed on the forward cottonseed oilcake market on Thursday while the December vaida was also inert in process of trading, dealers said. The July contract that had closed at 1426.50 opened with 30 paisa gain at Rs 1426.80. The December vaida which ended at Rs 1315.00 showed no change in the opening session, they said.

Copyright Business Recorder, 2011

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