Urad Myanmar fell by Rs 125 at Rs 1525-1550. Moong Myanmar at Rs 1650-1725 and Chinese at Rs 1825-1875 turned cheaper by Rs 50. Australian gram dropped down from Rs 1250-1275 to Rs 1200-1225. Green peas USA at Rs 1500 and Canadian at Rs 875 shed Rs 25. White peas Canadian lost Rs 75 at Rs 800-811.

Kabuli gram A-2 at Rs 2800-3000, B-2 at Rs 2450-2600, C-2 at Rs 1900-2000 and natural at Rs 2300-2400 were static. Rajma chitra deshi were traded in the range of Rs 2300-2700. Imported goods fetched Rs 2300-2400. Red rajma imported were quoted at Rs 2400-2600.

Wheat and rice ruled quietly steady. Milling wheat were placed at Rs 740-745. North Gujarat Sonaklyan were placedat Rs 840-845, Tukadi at Rs 850-865, Lokvan at Rs 860-875 and 496 at Rs 875-900. Saurashtra Lokvan were mentioned at Rs 875-925 and SW at Rs 900-1000. MP 147 and Sarbati were quoted at Rs 850-900 and at Rs 900-1300 respectively.

Rice Periaml Punjab were on offer at Rs 850-900 while superior Perimal were traded at Rs 1200-1300. AP Kattar and cultured kolams ruled at Rs 1000-1100 and at Rs 1300-1500 respectively. Rice Gujarat-17 were traded in the range of Rs 1600-1800.

Yarn

A quietly steady trend continued on the yarn market as volume of business remained on the low side. Demand from Bhiwandi powerlooms remained thin due to Ramzan. However, the trade sources anticipated the same to pick up some what from the next week. Price of polyester yarn ruled steady as offerings were on the leash due to stricter collection process by the excise department continued, averred trade sources.

Grey first quality of medium-sized units 80dn rotoset ruled at Rs 83, micro rotoset at Rs 88-90, weft at Rs 80 and warpat Rs 90-92 a kg. 80/1000dn and 80/1400dn were quoted at Rs 115-120 and at Rs 120-125 respectively.

In the case of 150dn, weft were traded at Rs 63-64 and warp at Rs 70-72. Single rotoset and double rotoset were placed at Rs 67-68 and at Rs 69-70 respectively.

Viscose filament yarn bright cones first quality Century Rayon 150dn ruled at Rs 217, 120dn at Rs 239, 100dn at Rs 248 and 75dn at Rs 262. 300dn were traded at Rs 166. 120dn dull cones were placed at Rs 247.

Nylon yarn Gujnil 20/1/0dn at Rs 210, 30/1/0dn at Rs 290 and 111/24/0dn at Rs 157 were statc.

Cotton

A bearish trend prevailed on the cotton market following slack mill demand and continued shift towardsd imports. Lower arrivals in Punjab zone couldnot check the downslide as the offerings increased from tired stockists. Bengal deshi roller-ginned price dipped from Rs 1500-1570 to Rs 1475-1540 a maund spot. J-34 saw-ginned good average were placed at Rs 1640-1770 as against Rs 1660-1770 and cart selected goods at Rs 1720-1960 asagainst Rs 1730-1955.

J-34 roller-ginned good average ruled static in the range of Rs 1560-1660.Gujarat and MP cottons shed Rs 200 to 300 a candy. Sanker average ruled at Rs 18,500-19,000 aand superior at Rs 19,500-20,000, V-797 were placed at Rs 16,100-16,300. MP Y-1 ruled at Rs 17,800-18,000, LRA at Rs 18,000-18,200, H-4 at Rs 18,500-18,700 and MECH-1 at Rs 19,500-20,000.

February contract at Rs 4890 and April at Rs 4995 were marginally down in listless trading.

Sugar

Sugar price slumped on heavy offerings triggered by poor demand. The demand for sugar during the week remained extremely sluggish. Trade souces ascribed it to sizeable stock builing with the trade resulting from increased purchases made prior to the hike in the import duty. With the devaluation of Brazilaian currency and Pakistan doing away with the levy on exports the impact of jack-up in the import duty also stood diluted.

Price of domestic sugar registered a fall of Rs 25 to 30 a quintal on heavy selling pressure thatennsued in the wake of above. M-30 fell to Rs 1461-1530 and S-30 to Rs 1420-1485 ex-godown. Ex-octroi checkpost, the price crashed to Rs 1440-1460nd to Rs 1405-1425 respctively. In tenders, with similar drop, M-30 were indicated at Rs 1400-1410 and S-30 to Rs 1360-1375 in Kolhapur line.

Pakistani sugar was placed at Rs 1375 plus sales tax ex-Mundra in Gujarat.

Raw leather prices ease

In New Delhi, sheep salted and unsalted raw skin prices slipped modestly on the local leather market today following increased arrival and reduced demand.

However, goat raw and treated leather prices remained unchanged on lack of demand. In raw leather section, sheep salted and unsalted 32x40 inches skin prices lost rs five each to close at Rs 110-115 and Rs 140 respectively.Following were today's raw leather prices per skin in inches in rs: Goat salted 30"x40" Rs 65-70, goat unsalted 30"x40" Rs 85-95, sheep salted 32"x40" Rs 110-115 and sheep unsalted 32"x40" Rs 140.

Treated leather prices per sqdm:

Goat suede 6-7.50 or 3.50 lot, goat napa 2.50-4.00 or 4.50 lot, sheep napa 250-7.00 or 5.00 lot, furnished leather Rs 100 per sq meter Rs 90 lot and buff Rs 30-100.

Olein

Life seen returning to Indonesian olein next week In Jakarta, the Indonesian palm olein market was expected to return to life next week after holidays to celebrate the Moslem Eid al-Fitr, traders said last week. "We expect the market to be active again on Monday afterthe long holiday," said one trader in Medan, North Sumatra.

"The announcement of the new crude palm oil export tax atthe end of this month will be the fresh leads in the market." He said olein was quoted in Medan at 3,500-3,600 rupiah/kg.No trading was reported in Jakarta, where olein hovered at 3,950-4,000 rupiah/kg.

Most companies in Jakarta were closed this week. The CPO export tax stands at 60 percent while taxes onby-products such as refined, bleached, deodorised (RBD) palm oil and olein are 55 percent and 50 percent on crude palm kernel oil. TheMedan-based trader said the market would also watch theimpact of fresh riots which had rocked the country this week.

"Riots can always spread to other areas. Disturbances mayhappen in Ambon, but we never know if they will travel to other places," he said. At least 40 people have died in clashes this week between Moslems and Christians in the eastern Indonesian island of Ambon where the authorities have imposed a curfew, church sources said on Friday.

New export taxes on Indonesian crude palm oil (CPO) and its by-products will be effective on February 8, Trade and Industry Minister Rahardi Ramelan said on Friday.