New sugar price hardened by Rs 5 a quintal afresh on sustained buying support while old were well-held at previous level. M-30 new were up at Rs 1460-1470 while old ruled at Rs 1450-1455 a quintal ex-octroi checkpost.

S-30 were in demand at Rs 1440-1450 and at Rs 1430-1435 respectively. Ex-godown, M-30 were quoted at Rs 1475-1520 and S-30 at Rs 1455-1475.In tenders, M-30 new at Rs 1415-1420 and old at Rs 1405-1410 indicated steady trend but S-30 at Rs 1400 and at Rs 1390 were placed higher by Rs 5 in Kolhapur line.

Brazilian white at Rs 1360 and biscuit colour at Rs 1250 were unchanged.

Milling wheat dips

Milling wheat price lost fresh ground on the grains market. Elsewhere, rice ruled fully steady while pulses were dull.

Selling pressure increased in milling wheat on higher arrivals as also on weak producing centre advices. Ready price dipped by Rs 10 a quintal at Rs 645-650. Deals for delivery during the secondfortnight of March had changed hands at as low as Rs 625. Roller-flour mills kept a low profile in a bearish market. The wheat crop was reported to be bumper. Other wheat were quietly steady. Saurashtra new Lokvan at Rs 725-850, Tukadi at Rs 800-950 and SW at Rs 900-1000 were static. Among old wheat north Gujarat Tukadi and 496 were unchanged at Rs 725-850 and at Rs 775-825 respectively. MP 147 ruled at Rs 850-925 and Sarbati in the range of Rs 900-1200.

Rice presented a better stance on reduced supply. SLO were traded at Rs 1100-1200. Permal Punjab were quoted at Rs 950-1150 and superior at Rs 1200-1400. AP Kolam were traded at Rs 1400-1500. IR-8 were mentioned at Rs 975-1025.

Cotton easy

An easy trend prevailed on the cotton market on limited mill buying.V-797 lost Rs 100 a candy at Rs 14,300-14,400 on improved supply, coupled with low volume of business. Sanker were static in the range of Rs 17,500-19,500.

In Punjab zone, Bengal deshi roller-ginned Punjab were placed at Rs 1330-1380 asagainst Rs 1330-1400 a maund spot. Rajasthan slumped from Rs 1360-1375 to Rs 1330-1350. However, Haryana at Rs 1325-1330 gained Rs 10 to 15 on reserved selling. J-34 cart selected ruled steady but others were easy by Rs 5. Saw-ginned good average ruled in the range of Rs 1610-1750 and cart selecetd at Rs 1700-1920. In futures, April lost 13 poits at Rs 4905, June 8 points at 4969 and September 5 points at 5005 in line with the trend in the ready section.

Yarn subdued

Undertone in the yarn market remained subdued due to low volume of business and weak grey fabrics advices as the accounting year drew to an end.Polyester yarn grey first quality of medium-sized units 80dn rotoset at Rs 94-95, micro rotoset at Rs 95-96, weft at Rs 87-88 and warp at Rs 97-98 a kg were static but buying support was lacking. 80/1000dn and 80/1400dn continued to be placed at Rs 135-140 and at Rs 145-150 respectively.

In the case of 150dn, weft were on offer at Rs 67-68, warp at Rs 77-78, single roto at Rs 71-72 and doubleroto at Rs 73-74.

Bullion turns weak

Prices of silver and gold turned weak on the bullion market here today due to fresh fall in the international prices, dealers said.

Ready silver (.999 fineness) and tenderable silver reacted sharply by Rs 95 each to end at Rs 7905 and Rs 7910 from yesterday's close of Rs 8000 and Rs 8005 respectively. Raw silver (.916 fineness) fell by Rs 90 to Rs 7775 from Rs 7865.

Stnadard gold dropped by Rs 10 to Rs 4370 from the last close of Rs 4380.

22-carat gold was nominally quoted lower at rs 4040 from yesterday's level of Rs 4050, while ten-tola gold bar (.999 purity) declined by Rs 100 to close at Rs 51,400. Linseed oil declines Linseed oil declined steeply on the oilseeds market here today, while groundnut oil reacted modestly.

Linseed oil plummeted by Rs 20 to Rs 420 from yesterday's close of Rs 440 on expectations of heavy arrivals of new crop into the market, dealers said.

However, linseed bold held steady at Rs 1800. Castor oil edged up to Rs 318 fromRs 317, while castorseed Madras improved to close at Rs 1430 from the last close of Rs 1426.

In edibles, groundnut oil reacted by Rs 5 to finish at Rs 412 from Rs 417 on good supply in the wake of reduced offtake. However, imported palm oil held steady at Rs 296 on restricted activity.

In futures, castorseed June contract opened lower at Rs 1454 and declined further sharply on heavy stockists offerings in the wake of poor export demand and closed at Rs 1445.