Mixed trend was seen on the forward cottonseed oilcake market on Thursday as many dealers made purchasing to cover the near-term demand, dealers said. The January vaida commenced unchanged at Rs 447.70 and closing was seen at the same level, dealers said.

The March vaida followed suit and did not show any change at the opening at Rs 460.60 and that proved to be day's best at the same level. In the process of trading, it lost Rs 1.30 to be day's bottom at Rs 459.30 and market settled at Rs 459.90, they added.

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JANUARY VAIDA

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Last closing           Rs 447.70

Thursday's opening     Rs 447.70

Highest                Rs 447.70

Lowest                 Rs 447.50

Closing                Rs 447.70

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MARCH VAIDA

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Last opening           Rs 460.60

Thursday pening        Rs 460.60

Highest                Rs 460.60

Lowest                 Rs 459.30

Closing                Rs 459.90

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Copyright Business Recorder, 2005