Delhi, July 19: The Delhi grains and pulses market displayed a mixed tendency on Wednesday. Though movements were narrow.Following rainy weather conditions, wheat dara slipped from Rs 615-625 to Rs 612-620 a quintal due to lack of buying by flour millers as well as traders. Roller flour mill atta also slipped from Rs 710 to Rs 705 per bag.On selling pressure from importers as well as stockists, urad Rangoon further tumbled down by Rs 50 at Rs 2500 and Maharashtra urad dipped by Rs 25 at Rs 2200-2475 a quintal. The present rains was reported favourable for rajmash chitra crop, its prices here remained subdued.
On good demand from besin manufacturers, gram Rajasthani flared up from Rs 1615 to Rs 1655 and gram dal moved up by Rs 20 at Rs 1800 a quintal. Besin Rajdhani further firmed up by Rs 15 at Rs 770 per 35 kg on better festive demand.
Mumbai:
A steady trend prevailed on the grains market. Activity was restricted.Rice SLO were placed at Rs 1,000-1,150 and Gujarat-17 at Rs 1,400-1,600 a quintal.Wheat milling ruled at Rs 735-750, Maharashtra SRT at Rs 875-925, HD at Rs 900-950 and Lokvan at Rs 775-800.In pulses, moong Myanmar medium were on offer at Rs 1,700-1,800 and superior at Rs 1,900-2,000. Kabligram A-2, Mexican were traded at Rs 3,700-3,750, Canada/USA at Rs 3,500-3,600 and Turkey/Iran at Rs 2,900-3,000. B-2 medium were quoted at Rs 2,200-2,400 and superior at Rs 2,500-2,600.
Natural kabligram were on offer at Rs 2,800-2,900. Rajmash chitra deshi were mentioned at Rs 1,800-1,850, Chinese new at Rs 1,650-1,700 and old at Rs 1,550-1,600. Red rajmash Myanmar new and old ruled at Rs 1,300-1,400 and at Rs 1,250-1,275, respectively.Cottonseed oil edges up
Cottonseed oil, at the Delhi oil and oilseeds market edged by Rs 20 at Rs 2840 a quintal due to paucity of ready stock because of off-season. Palmolein in Malaysia held steady at $305 a tonne. In the first fortnight of the current month, out of the total import of about 1.80 lakh tonnes palmolein, about 95,000 tonnes was imported by India despite hike in import duty by the government.
Sesame and sunflower oils dipped by Rs 20-30 a quintal due to weak demand from vanaspati millers.Among oilseeds, mustard laha declined by Rs 10-25 a quintal.Business in sugar remains dull
Business in mill delivery sugar at the Delhi sugar market remained dull as offtake from local as well as neighbouring states buyers remained sluggish due to rainy weather conditions.Scattered deals in mill delivery sugar Mawana were settled at Rs 1580, Modi Rs 1488 and Simbhauli Rs 1476 a quintal.
Mumbai:
A subdued trend was noticed on the sugar market.Slack demand caused a dent of Rs 5 a quintal in local quotations even as ex-mill rates remained unchanged.M-30 ruled at Rs 1,530-1,575 and S-30 at Rs 1,497-1,525, ex-godown. Ex-octroi checkpost, the price ruled at Rs 1,515-1,525 and at Rs 1,480-1,495, respectively.In tenders, the prices were indicated at Rs 1,460-1,470 and at Rs 1,425-1,440 in Kolhapur line.
Kishmish Golden crashes
Indian kishmish Golden crashed by Rs 200-400 at Rs 1600-2800 per 40 kg as output of kishmish in Maharashtra is expected to be bumper one. Indian green kishmish also suffered a sharp fall of Rs 200 at Rs 2200 a quintal while superior green kishmish ruled firm at Rs 3800 per 40 kg.
Pistachio Irani further edged up by Rs 5 at Rs 390 a kg due to depleted stock.Among spices, cardamom small looked up by Rs 5 a kg on stockists buying while turmeric tumbled down by Rs 100 a quintal due to mounting inventories in Sangli and Andhra coupled with slack demand from exporters.Zeera Ganesh and betelnut also revealed an easy tendency.
Gold suffers
Business in silver, at the Delhi bullion market remained sluggish while gold suffered a mild loss on Wednesday on overseas advices.Gold in London eased by $one to $282.50 an ounce coupled with slack demand from local as well as upcountry jewellers due to intermittent rains, consequently, gold biscuit and standard mint gold here slipped by Rs 10 at Rs 4530 and Rs 4540 per 10 gram, respectively while gold sovereign remained unchanged at Rs 3800-3825 per 8 gram.
Though New York silver future hovered around at its previous close of 501 cents an ounce, yet spot silver. 999 fineness remained subdued at its previous close of Rs 7835 a kg due to slack demand. Silver stock in New York Comex house at the end of June moved up from 26.09 crore to 26.18 crore ounce. Silver weekly, delivery, however, slipped by Rs 5 at Rs 7850 a kg due to lack of speculative suppot.
Silver coins held steady due to scattered inflow from UP.Mumbai:
Gold prices declined on the bullion market here on Wednesday due to weak Hong Kong advices and silver also eased on poor industrial demand.In Hong Kong, the yellow metal dropped to $281.70-282.20 per ounce from the previous close of $282.60-283.10 an ounce, dealers said.
Standard gold, in the local market, fell by Rs 10 to end at Rs 4530 from the last close of Rs 4540. 22-carat gold was down by a similar margin when it was nominally quoted at Rs 4190 as against the previous day's level of Rs 4200. Ten-tola gold bar (.999), however, held steday at Rs 53,200.
Ready silver (.999 fineness), after a steady start at Rs 8030, lost support and declined to close at Rs 8025, showing a moderate fall of Rs 5 over the last close of Rs 8030. Raw silver (.916 fineness) and tenderable silver declined to Rs 7890 and Rs 8030, respectively from the previous day's close of Rs 7895 and Rs 8035.
Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.