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The May vaida gave up overnight gains on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The May contract closed at Rs 2048.20 but it commenced with 40 paisas decline at Rs 2047.80 in the wee hours, they said. The July contract closed at Rs 2150.00 and it opened with no change at the same rate, they said.

Copyright Business Recorder, 2016

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