Year end considerations totally reversed the sentiment in polyester yarn. The price of grey fabrics declined by 25 to 50 paise a metre. This had affeced the weaving operations in Bhiwnadi powerlooms. Consequent shinrkage in the demand for polyester yarn has caused sharp dent in the values of popular deniers.

The actively traded 80dn rotoset bore the brunt of bearish trend. Grey first quality of medium-sized units 80dn rotoset price slumped from Rs 94-95 to Rs 87 a kg. Micro rotoset lost Rs 4 at Rs 94-95. 80dn weft were on offer at Rs 83-84 also down by Rs 4 but warp crashed from Rs 97-98 to Rs 90-91.150dn price shed Rs 2. Weft and warp were on offer at Rs 65-66 and at Rs 75-76 respectively. Single roto ruled at Rs 69-70 and double roto at Rs 71-72.

Reliance Industries (RIL) was about to come out with new prices in line with the market trend, averred trade sources.

Sugar firms up

Indigenoussugar price ruled firm on stepped up buying support.

The market had resumed trading on a steady note. However, the price firmed up by Rs 7 to 8 a quintal with demand turning active as the session progressed. M-30 were up at Rs 1460-1470 and S-30 at Rs 1435-1445 ex-octroi checkpost. Ex-godown, the price ruled at Rs 1470-1510 and at Rs 1441-1475 respectively in early deals.

With the entire quantity having been disposed of the mill tenders were over, stated trade sources.

Wheat suffers

Wheat price suffered further setback on relentless offerings as the arrivals picked up and producing centres also ruled weak.

Milling wheat price slid down further from Rs 645-650 to Rs 625 a quintal. Among other, new Saurashtra wheat price dropped down by Rs 50 to 75 as Lokvan were placed at Rs 675-750 and Tukadi at Rs 700-800. SW ruled at Rs 900-1000. MP 147 and Sarbati were quoted at Rs 800-900 and at Rs 900-1200 respectively.

Rice price were well-held at earlier levels with a better undercurrent in view ofrestricted supply. SLO were sought after at Rs 1100-1200 and Gujarat-17 at Rs 1750-1850. Perimal Punjab ruled at Rs 950-1100. Superior fetched Rs 1200-1400. AP kolam ruled at Rs 1400-1500. Among pulses, kabuli gram A-2 were placed at Rs 2800-3100, B-2 at Rs 2550-2575, C-2 at Rs 1700-1900 and natural at Rs 2300-2400. Rajma chitra deshi ruled at Rs 2300-2500 and Chinese at Rs 2300. Red rajma Myanmar were traded at Rs 2000-2200.

Cotton steady

A quietly steady condition was in evidence on the cotton market following low activity.

V-797 were static at the low level of Rs 13,900-14,100 a candy spot. Sanker were placed in the range of Rs 17,500-19,500.

Bengal deshi roller-ginned were placed at Rs 1330-1400, J-34 saw-ginned good average at Rs 1610-1750 and cart selected at Rs 1700-1920 a maund. J-34 roller-ginned good average were mentioned at Rs 1550-1650.