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Falling trend persisted on the forward cottonseed oilcake market on Saturday as major participants kept on the sideline in the absence of leading factors, dealers said. The May vaida commenced with no change at Rs 444.00 and that proved to be day's best at the same level. In the process of trading, it lost rupee one to be day's lowest at Rs 443.00 and closing was also seen at the same level, they added. The next July vaida opened with 30 paisa fall at Rs 425.00 and this proved to be day's bottom and market also closed at the same level. During the day, it picked up Rupees two to be day's highest at Rs 427.00, dealers said.



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MAY VAIDA
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Last closing Rs 444.00
Saturday's opening Rs 444.00
Highest Rs 444.00
Lowest Rs 443.00
Closing Rs 443.00
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JULY VAIDA
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Last closing Rs 425.30
Saturday's opening Rs 425.00
Highest Rs 427.00
Lowest Rs 425.00
Closing Rs 425.00
=================================

Copyright Business Recorder, 2005

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