On extreme paucity the price of rajma chitra spurted as deshi were traded at Rs 3000-3100 and Chinese at Rs 3000. Red rajma Myanmar also staged a rally as the price imporved from the low of Rs 1900-1950 to Rs 2000. Kabuli gram also presented a better stance as A-2 were in demand at Rs 2900-3100 and C-2 at Rs 1700-2000. B-2 at Rs 2500-2550 and natural at Rs 2000-2200 were steady. Green peas Canadian at Rs 850-950 gained Rs 25 while white peas Canada were up by Rs 15 at Rs 925-930. Tur Myanmar rose by Rs 50 at Rs 1500-1525. Kenyan at Rs 1800 and Tanzanian at Rs 1900 were maintained. Urad Myanmar hardened to Rs 1600 on restricted supply, coupled with improved offtake.

Wheat and rice ruled steady. Wheat milling were placed at Rs 630-635, north Gujarat Sonaklyan at Rs 700-725 and 496 at Rs 750-850. Rice SLO were transacted at Rs 1100-1400 and Gujarat-17 in the range of Rs 1800-2100.

Cotton quiet
A quietlysteady condition prevailed on the cotton market in view of low buying inquiries.

Arrivals in Punjab zone were comprised of 500 bales of Bengal deshi and 3000 bales of J-34. Bengal deshi roller-ginned Punjab ruled at Rs 1325-1375, Haryana at Rs 1270-1275 and Rajasthan at Rs 1350-1375 a maund spot. J-34 saw-ginned good average Punjab and Haryana were placed at Rs 1650-1750 and at Rs 1600-1660 respectively while Rajasthan were quoted at Rs 1645-1675. Cart selected ruled at Rs 1820-1930, at Rs 1720-1730 and at Rs 1700-1715 respectively. J-34 roller-ginned good average Haryana were placed at Rs 1570-1590 and Rajasthan at Rs 1585-1615.

V-797 were mentioned at Rs 12,700-13,200 a candy. Sanker inferior ruled at Rs 14,500-15,000, medium at Rs 17,500-18,500 and superior at Rs 19,000-20,000.

Castorseed moves up
Groundnut oil extended losses on the oil,oilseeds market here today. Castorseed and its oil moved up further as uptrend in dollar value and renewed overseas enquiries prompted covering by bearsand shippers.

Groundnut oil closed Rs 3 lower at Rs 395 per 10 kg as summer crop supplies picked up while in Rajkot it was weak at Rs 605/606 per 15 kg.

Imported palm oil slid by Rs 2 to Rs 295 per 10 kg amidst steady inflow at Mumbai Port. According to trade sources about 50000/60000 tonnes of imported edible oil were expected at Mumbai port during the first half of April. During April overseas supplies climbed to 2.50/3 lakh tonnes accross the country, it was learnt.In the global market palm oil bounced back from $492.50 to $500 per tonne for nearby delivery and to $480/485 per tonne for long delivery.

Castor oil recovered by Rs 3 to Rs.330/344 per 10 kg on continued covering by shippers. Castorseed ready spurted by Rs 14 to Rs 1,482/1,488 per quintal in sympathy.

In the futures section castorseed June delivery shot up from Rs 1,482 to Rs 1,502 before concluding the day at Rs 1,498 per quintal on brisk covering by bears. In Ahmedabad June delivery closed firm at Rs 1,480.50 per quintal. In Gujaratcastorseed ready delivery placed Rs 4 higher at Rs 288 per 20 kg. Castor oil was up from Rs 310 to Rs 315/316 per 10 kg.

Sugar recovers
Sugar rallied on improved buying support at low level.

Price recovered by Rs 5 to 7 a quintal. M-30 were placed at Rs 1490-1535 and S-30 at Rs 1461-1485 ex-godown. Ex-octroi checkpost, M-30 were quoted at Rs 1465-1475 and S-30 at Rs 1450-1465.

In tenders also the price looked up by Rs 5 as M-30 were indicated at Rs 1425-1430 and S-30 at Rs 1405-1415 in Kolhapur line.

Brazilian white at Rs 1365 and biscuit colour at Rs 1250 plus sales tax were unchanged.

Yarn dull
A dull condition continued on the yarn market.

Activity in polyester yarn remained sluggish in line with the fabrics section. Grey first quality of medium sized units 80dn rotoset at Rs 82-83, micro rotoset at Rs 90, weft at Rs 77-78, warp at Rs 86-88, 80/1000dn at Rs 125-130 and 80/1400dn at Rs 130-135 a kg were static.

150dn weft and warp found sellers at Rs 64-65 and at Rs 72-73respectively. Single roto were quoted at Rs 65-66 and double roto at Rs 66-67.

Bullion maintains
Both the precious metals moved in a narrow range and closed steady on the bullion market here today. Demand was dull and volume of trading remained at a low ebb as major players stayed away following continued confusion in the market regarding implications of change in the tax structure on precious metals in Maharashtra State.

Standard gold closed steady at Rs 4,360 per 10 gm. so was gold .22 carat at Rs 4,035 per 10gm. Prices of gold biscuit (116.50 gm.) finished quiet at Rs 51,100 per piece. In the global market gold was quiet at $280.50 per ounce.

Silver .999 held at Rs 7,700 per kg. In the ready section silver .916 placed Rs 40 lower at Rs 7,510 per kg. on brisk supplies of raw silver from local sources.

Industrial demand was slow and volume of trading was at a low ebb during the day. In the global market the white metal looked up modestly at $4.98/4.99 per ounce.