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Upward trend was seen on the forward cottonseed oilcake market on Saturday, dealers said. The May vaida commenced with 70 paisa gain at Rs 443.20 which proved to be day's lowest. In the process of trading, it picked up 80 paisa to be day's best at Rs 444.00 and settled at the same level. The July vaida opened with sharp gain at Rs 432.30 and that proved to be day's highest. During the day, it faced steep loss to be day's bottom at Rs 429.80 and closing was seen at Rs 430.30.



============================
MAY VAIDA
----------------------------
Last closing Rs 442.50
Saturday's opening Rs 443.20
Highest Rs 444.00
Lowest Rs 443.20
Closing Rs 444.00
----------------------------
JULY VAIDA
----------------------------
Last closing Rs 430.10
Saturday's opening Rs 432.30
Highest Rs 432.30
Lowest Rs 429.80
Closing Rs 430.30
============================

Copyright Business Recorder, 2005

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