Silver .999 fell by Rs 20 at Rs 7,895 per kg. Silver .916 was down by Rs 5 at Rs 7,770 per kg in sympathy. Industrial demand was at a low ebb while continued inflow of raw silver from local sources coupled with weak global advices prompted fresh offerings by stockists. Delhi was weak and in the overseas market the white metal finished lower at $5.09 as against $5.12 per ounce earlier.

Standard gold maintained at Rs 4,020 per 10 gm. so was gold .22 carat at Rs 3,720 per 10 gm. But prices of gold biscuit (116.50 gm.) softened by Rs 100 at Rs 47,100 per piece following weak global advices. Demand was sluggish and volume of trading was at a low ebb. In the overseas market the yellow metal slipped from $255.80 to $254.50 per ounce.

Castor oil up

Groundnut oil remained unchanged on the oil,oilseeds market here today. Castorseed and its oil however climbed up on the back of fresh overseas interest.

Groundnut oilruled quiet at Rs 364 per 10 kg amidst tight supplies while demand was sluggish. In Rajkot it was steady at Rs 585/590 per 15 kg.Imported palm oil recovered by a rupee at Rs 208 per 10 kg in absence of fresh offerings at lower level. Buying interest however remained dull.Castor oil edged up a rupee at Rs 368/380 per 10 kg on renewed overseas support. Castorseed was up by Rs 5 at Rs 1684/1690 per quintal in sympathy.In the futures section castorseed September delivery bounced back from Rs 1695 to Rs 1711 per quintal on light covering while in Ahmedabad prices placed firm at Rs 1695.50 and in Rajkot it was closed at Rs 1,691 per quintal.In castor oil international contract, August and October deliveries were unaltered at Rs 382 and Rs 388 respectively. The new December cotract commenced at Rs 352 and closed at the same level.

Sugar ends lower

A subdued condition continued on the sugar market as the business passing remained thin.

Losing Rs 3 to 5 a quintal M-30 were placed at Rs 1420-1490 and S-30at Rs 1405-1440 a quintal ex-godown. Ex-octroi checkpost, M-30 found sellers at Rs 1400-1420 and S-30 at Rs 1385-1400.

In tenders, M-30 were indicated at Rs 1350-1365 and S-30 at Rs 1335-1350 in Kolhapur line.

Thai white sugar was on offer at Rs 1285-1290 exclusive of sales tax, ex-Kandla.

Grains unchanged

Trading was a tame affair on the grains market. Prices ruled quietly steady.Wheat MP 147 were on offer at Rs 775-875 and Sarbati in the range of Rs 900-1400 a quintal. MP Lokvan were placed at Rs 800-900. Rice SLO were on offer at Rs 1050-1100. AP Kattar were traded at Rs 1050-1150 and Cultured Kolams at Rs 1800-2100.

Among pulses, green peas USA Rumba/Heart were on offer at Rs 1250-1275 and Canadian at Rs 800-925. White peas Canadian found sellers at Rs 911. Australian gram were placed at Rs 1200. Kabuli gram A-2 ruled at Rs 3200-3275, B-2 at Rs 2700-2800, C-2 at Rs 1800-2000 and natural at Rs 2200-2300.

Yarn further down

Polyesters lost further ground on the yarn marketfollowing slack demand.Cloth production in Bhiwandi remained down to under 40 per cent due to uneconomic price of grey fabrics. This continued to cast dark shadow on the demand for polyester yarn and exerted pressure on the price. 80dn quotations were further down by Re 1 to 2 a kg. Grey first quality of medium-sized units 80dn roto were on offer at Rs 81-82, micro roto at Rs 92-93, weft at Rs 80-81 and warp at Rs 84-85. 80/1000dn and 80/1400dn were down to Rs 115-117 and to Rs 120-125 respectively. 150dn, weft were on offer at Rs 71, warp at Rs 78-80, single roto at Rs 72 and double roto at Rs 73.

Cotton quiet

A quietly steady condition continued on the cotton market.

V-797 were placed at Rs 12,900-13,400, Wagad at Rs 12,400 and Kalan-ginned at Rs 11,900-12,000 a candy spot. Sanker average ruled at Rs 15,500-17,500, medium at Rs 18,000-19,000 and superior at Rs 19,500-21,000.