Supported by increased buying by millers and a firm trend overseas, edible oils continued their upward streak for the fourth straight week and registered further gains.
A few oils in the non-edible segment were also in good form on the back of pick up in demand from consuming industries.
Sentiments for edible oils remained bullish as vanaspati millers and retailers enlarged their positions to meet seasonal, traders said.
They said a firm trend in Malaysia, the hub of global palm oil, also bolstered the uptrend. The palm oil rose to a 33-month high on supply concerns.
In the national capital, mustard expeller oil (Dadri) continued its upward march on increased demand from local parties and strengthened by Rs 70 to Rs 5,720 per quintal, while mustard pakki and kachi ghani oils traded higher by Rs 5 each to Rs 765-920 and Rs 920-1,020 per tin.
Cottonseed mill delivery (Haryana) oils gained Rs 20 to Rs 5,420 per quintal, while coconut oil rose by Rs 50 to Rs 1,300-1,360 per tin.
Taking cues from firming overseas markets, soyabean refined mill delivery (Indore) and soyabean degum (kandla) oils rose by Rs 70 and Rs 30 to Rs 6,070 and Rs 5,680 per quintal, respectively.
Palmolein (rbd) and crude palm oil (ex-kandla) oils also evoked strong demand from stockists and advanced by Rs 50 and Rs 60 to Rs 5,900 and Rs 5,310 per quintal
Coming to the non-edible section, linseed, castor and neem oils found increased demand from consuming industries and gained Rs 50 each to Rs 4,500, Rs 8,450-8,550 and Rs 3,900-4,050 per quintal.
Grains: In restricted trade, wheat dara prices continued to rise for the third consecutive week in the national capital on increased offtake by flour mills, driven by the marriage season demand.
Barley also showed some strength on local demand registered gains, while jowar, bajra and maize showed weakness owing to lack of buying support.
Market analysts said increased offtake by flour mills to meet the rising marriage season demand amid tight supplies from producing regions mainly kept wheat dara prices high.
In the national capital, wheat dara, mostly consumed by flour mills, after remaining flat for the major part of week, found buying support from flour mills at the fag-end and strengthened by Rs 10 to Rs 1,310-1,315, while wheat deshi held steady at Rs 1,650-1,765 per quintal.
Atta chakki delivery followed suit and traded higher by a similar margin to Rs 1,315-1,320 per 90 kg, while atta flour mills gained Rs 10 to Rs 690-710 per 50 kg.
Maida also traded marginally higher by Rs 5 to Rs 770-800 per 50 kg in line with wheat trend.
On the other hand, jowar yellow and white fell by Rs 50 each to Rs 900-1,000 and Rs 1,900-1,950, while bajra and maize lost Rs 30 and Rs 10 to Rs 800-810 and Rs 1,010-1,020 per quintal.
However, barley found selective buying and rose by Rs 30 to Rs 1,230-1,250 per quintal.
Pulses: Mixed conditions developed on the wholesale pulses market during the past week as masoor and gram and their dal prices firmed up on pick up in retailers demand in view of the current marriage season, while urad and kabli gram remained weak.
Traders said pick up in retailers demand due to ongoing marriage season mainly led to rise in wholesale gram and masoor prices.
In the national capital, masoor small and bold prices rose by Rs 50 each to Rs 2,950-3,150 and Rs 3,150-3,400, while its dal local and best quality traded higher by the same margin to Rs 4,400-4,800 and Rs 4,900-5,200 per quintal, respectively.
Gram was also in demand and moved up by Rs 70 to Rs 2,400-2,425 per quintal. Its dal local and best quality after both side movements, held steady at Rs 2,700-2,715 and Rs 2,800-2,900 per quintal, respectively.
On the other hand, urad and its dal chilka local declined by Rs 100 each to Rs 3,600-4,150 and Rs 4,400-4,800 per quintal, respectively.
Urad dal best quality and dhoya traded lower by the similar margin to Rs 4,900-5,200 and Rs 5,100-5,200 per quintal.
Kabli gram small too traded in negative zone with a loss of Rs 100 to Rs 3,900-5,100 per quintal.
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