Downward trend was seen on the forward cottonseed oilcake market on Wednesday as several buyers did not take interest in the proceedings due to huge stock with them, dealers said.
The March vaida commenced on firm note at Rs 491.00 and that proved to be day's best at the same level, they added. Later, it shed rupees three to be day's lowest at Rs 488.00 and closing at Rs 488.00 too.
The May vaida opened lower at Rs 495.00 and in the process of low business, it picked up 30 paisa to be day's best at Rs 495.30. It shed 60 paisa to be day's lowest at Rs 494.70 and market settled at the same level, dealers said.

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MARCH VAIDA
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Last closing            Rs 491.00
Wednesday's opening     Rs 491.00
Highest                 Rs 491.00
Lowest                  Rs 488.00
Closing                 Rs 488.00
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MAY VAIDA
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Last closing            Rs 495.20
Wednesday's opening     Rs 495.00
Highest                 Rs 495.30
Lowest                  Rs 494.70
Closing                 Rs 494.70
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