Oil cake market rates

Mixed trend was seen on the forward cottonseed oilcake market as May vaida showed no change and the next vaida closed lower in low activity, dealers said. The May vaida commenced with no change at Rs 444.00 and closing was also seen at the same level, dealers said. The next July vaida followed suit and did not budge any side at Rs 430.30 at the early hours. It also proved to be day's best at the same rate, dealers said. In the process of trading, it lost Rs 1.80 to be day's bottom at Rs 428.50 and market settled down at Rs 429.30.

===========================

MAY VAIDA

---------------------------

Last closing      Rs 444.00

Monday's opening  Rs 444.00

Closing           Rs 444.00

---------------------------

JULY VAIDA

---------------------------

Last closing      Rs 430.30

Monday's opening  Rs 430.30

Highest           Rs 430.30

Lowest            Rs 428.50

Closing           Rs 429.30

===========================