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Soft trend was seen on the forward cottonseed oilcake market on Tuesday as buyers kept on the sidelines due to easy trend in the supply position, dealers said.

The December vaida commenced at Rs 439.50. Later, it posted 30 paisa to be day's best at Rs 439.80.

In the process of trading, it lost rupees two to be day's lowest at Rs 437.80 and closing was seen at Rs 438.80, they said.

The January vaida opened at Rs 439.00 and maintained the same level at close, dealers said.





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DECEMBER VAIDA

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Last closing Rs 440.10

Tuesday's opening Rs 439.50

Highest Rs 439.80

Lowest Rs 437.80

Closing Rs 438.80

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JANUARY VAIDA

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Last closing Rs 439.00

Tuesday's opening Rs 439.00

Closing Rs 439.00

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Copyright Business Recorder, 2005


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