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Thursday, August 13, 1998

Milling wheat hardens 

FE NEWS SERVICE  
Mumbai, Aug 12: Milling wheat price firmed up on the grains market. Elsewhere, a quietly steady trend prevailed.

Following higher Gujarat advice, coupled with better buying support milling wheat price hardened by Rs 15 a quintal at Rs 685-690. Other wheat ruled steady. Saurashtra Lokvan were placed at Rs 775-825, SW at Rs 900-1000, north Gujarat at Rs 725-775, MP 147 at Rs 775-850 and Sarbati in the range of Rs 900-1400.

Rice Gujarat-17 at Rs 1400-1500, Peramal FCI at Rs 850-950 and superior at Rs 1150-1250 were steady.

Among pulses, green peas USA were on offer at Rs 1650-1675, Canadian inferior at Rs 1111, medium at Rs 1121-1131 and superior at Rs 1150-1160. White peas Canadian ready and August shipments at Rs 1125-1130 and at Rs 1025 respectively ruled unchanged. Tur Myanmar 1998 were traded at Rs 1971 and 1997 at Rs 1850. Urad Myanmar found sellers at Rs 1200-1225. Moong Myanmar were in demand at Rs 1875-1950.

Rajma chitra deshi and imported were transacted at Rs 2800 and at Rs 2600 respectively.Red rajma imported were mentioned at Rs 1900-1950.

Sugar declines :An easy tone prevailed on the sugar market following slack demand.

Prices ruled weak by Rs 3 to 5 a quintal. M-30 were placed at Rs 1480-1550 and S-30 at Rs 1460-1495 ex-godown. Ex-octroi checkpost, the former were on offer at Rs 1460-1470 and S-30 at Rs 1440-1450.

Delivery orders of mills were placed at Rs 1420-1425 for M-30 and at Rs 1395-1400 for S-30 in Kolhapur line.

Among imported sugar, Pakistan sugar price declined by Rs 5 at Rs 1400 while Dubai were static at Rs 1420 plus tax.

Cotton steady :A steady trend continued on the cotton market. Activity was restricted.

V-797 were placed at Rs 15,500-15,800, Morbi wagad at Rs 15,300-15,400 and kala ginned at Rs 14,700-14,800 a candy spot. Sanker were placed at Rs 18,500-22,500.

Trading in new crop Punjab cotton has been negligible.

Yarn dull :A dull condition continued on the yarn market. Prices ruled quietly steady.

Polyester yarn grey first quality ofmedium-sized units 80dn rotoset were on offer at Rs 85-86 and micro rotoset at Rs 107-108 a kg. 80dn weft and warp were placed at Rs 84 and at Rs 94 respectively. 150dn weft ruled at Rs 66-67 and warp at Rs 77-78.

Among Nylons, Shreelon 15/1/0dn were placed at Rs 265 and 20/1/0dn at Rs 231. 111/24/0dn Gujnil were on offer at Rs 160.

Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.


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