Edible oils display mixed trend

The wholesale oil and oilseeds market depicted a mixed trend during the week with prices of select edible oils moving up on pick up in demand, while a few others remained weak on adequate stocks position.
Castor oil in the non-edible section, strengthened on increased offtake by consuming industries.
Traders said fresh buying by vanaspati millers to meet rising demand from retailers amid restricted supplies from producing regions mainly led to rise in select edible oil prices.
In the national capital, palmolein (RBD) and palmolein (Kandla) oils rose by Rs 100 each to Rs 5,600 and Rs 5,650 per quintal respectively.

Soyabean refined mill delivery (Indore) oil followed suit and went up by Rs 150 to Rs 6,600, while soyabean degum (Kandla) held steady at Rs 6,150 per quintal, respectively.
Coconut oil also quoted higher by Rs 100 to Rs 2,050- 2,100 per tin.

On the other hand, mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils drifted lower by Rs 50 each to Rs 7,950 and Rs 6,450 per quintal respectively on fall in demand.
Grains: Prices of wheat and rice basmati firmed up at the wholesale grains market during the week backed by increased offtake by flour mills and stockists.

However, other bold grains held steady in thin trade.
Traders said increased offtake by flour mills led to rise in wheat prices.
Uptick in demand from retailers against restricted arrivals from producing belts helped rice basmati prices to end higher, they said.
In the national capital, wheat dara (for mills) advanced to Rs 1,750-1755 from previous levels of Rs 1,710-1,725 per quintal. Atta chakki delivery followed suit and edged up to Rs 1,755-1,760 from last close of Rs 1,725-1,730 per 90 kg.
Atta flour mills also traded higher by Rs 10 to Rs 950- 960 per 50 kg.
In the rice section, rice basmati common and Pusa-1,121 variety also seen in demand and shot up by Rs 200 each to Rs 7,600-7,700 and Rs 6,200-7,000 per quintal, respectively.

Pulses: The wholesale pulses market depicted a firm trend during the week as select pulses led by urad and gram, recovered by up to Rs 450 per quintal on emergence of buying by stockists, driven by pick up in demand from retailers amid tight stocks positions on fall in supplies from producing belts.
Traders said fresh buying by stockists on the back of uptick in demand from retailers against restricted arrivals from producing regions, mainly pushed up urad, gram and other pulses prices.
Fresh enquiries from dal mills also supported the upmove, they said.
In the national capital, urad surged to Rs 5,650-6,800 from previous level of Rs 5,200-6,600 per quintal. Its dal chilka local, best quality and dhoya were up by Rs 300 each to Rs 5,900-6,000, Rs 6,000-6,500 and Rs 6,400-6,600 per quintal respectively.

Gram, gram dal local and best quality were also seen in demand and settled higher at Rs 5,800-6,900, Rs 6,900-7,300 and Rs 7,300-7,400 per quintal, respectively.
Kabuli gram small variety rose by Rs 200 to Rs 9,600- 10,400 per quintal.
Besan Shaktibhog and Rajdhani quoted higher at Rs 2,700 each instead of Rs 2,650 each per 35 kg.
Sugar: An upward trend continued unabated for the third week at the wholesale sugar market in the national capital following hectic persistent buying by stockists and bulk consumers to meet summer demand amid tight supplies from mills, recorded rise of up to Rs 60 per quintal.

Marketmen said steady inflow of buying by stockists as well as bulk consumers like ice-cream and soft-drink makers, triggered by summer against thin supplies, largely kept the sweetener prices higher for yet another week.
Sugar prices have gone up by Rs 150 per quintal in the past three weeks.
However, reports of higher output in UP, restricted the gains to some extent, they added, they added.
Coming to price section, sugar ready M-30 and S-30 prices were higher by another Rs 60 to end the week at Rs 4,040-4,140 and Rs 4,030-4,130 per quintal.
Likewise, mill delivery M-30 and S-30 prices also went up by Rs 60 each to Rs 3,680-3,770 and Rs 3,670-3,760 per quintal.

In the mill gate section, sugar Ramala, Aanupshaher, Baghpat, Morna, Sakoti and Nazibabad were up by Rs 60 each to settle at Rs 3,690, Rs 3,680, Rs 3,700, Rs 3,695, Rs 3,720 and Rs 3,685 per quintal respectively.
Sugar Modinagar and Dhanpur rose by Rs 40 each to Rs 3,730 and Rs 3,710, while Dorala, Budhana and Thanabhavan gained Rs 35 each to finish at Rs 3,730, Rs 3,725 and Rs 3,720 per quintal, respectively.
Jaggery: Dull conditions developed at the wholesale gur (Jaggery) market in the national capital during the week under review with prices ending flat in the absence of demand due to off-season amid negligible arrivals.

On the other hand, Muzaffarnagar gur market showed a weak trend as prices declined by Rs 50 per quintal in restricted activity.
Marketmen said lack of buying support due to offseason mainly brought down gur prices, particularly in Muzaffarnagar gur markets.
Gur, in Delhi and Muradnagar, well maintained at last week's closing levels in thin trade.
In Delhi, gur Chakku, Pedi, Dhayya and Shakkar traded unchanged at Rs 3,500-3,600, Rs 3,600-3,700, Rs 3,700-3,800 and Rs 3,900-4,000 per quintal, respectively.
At Muzaffarnagar, gur Chakku, Khurpa and Laddo slipped from previous week's closing levels of Rs 3,000-3,300, Rs 3,000-3,050 and Rs 3,200-3,300 to end the week at Rs 2,950- 3,250, Rs 2,950-3,000 and Rs 3,200-3,250, showing a fall of Rs 50 per quintal.

Meanwhile, gur Raskat prices ruled flat throughout the week at Rs 2,650-2,700 per quintal on some demand from beer makers.
Dryfruits: A firm trend emerged at the wholesale
dryfruits market in the national capital during the week mainly on increased buying by stockists and retailers, supported by increased domestic demand.
Besides, pick up in export demand influenced select dryfruits prices.
Sentiments remained firm mostly on increased offtake by stockists and retailers, marketmen said.
Almond California prices rose by Rs 300 to end the week at Rs 16,300-16,700 per 40 kg, while its kernel traded higher by Rs 10 at Rs 590-600 per kg largely on higher outside trends and strong consumers demand.

Almond gurbandi and girdhi also increased by Rs 100 each to conclude at Rs 12,200-12,300 and Rs 5,600-5,700 per 40 kg.
Chilgoza-roasted prices improved by Rs 50 to close at Rs 2,650-2,850 per kg.
Cashew kernel No 180, No 210, No 240 and No 320 and its broken (2, 4 and 8 pieces) rose Rs 5 each to Rs 1,080-1,090, Rs 950-960, Rs 900-910, Rs 800-810, Rs 985-765, 675-750 and Rs 555-655 per kg, respectively.
Kishmish Indian yellow and green went up Rs 100 each at Rs 4,600-5,100 and Rs 5,100-8,600 per 40 kg.
Pistachio Irani, hairati and peshwari prices rose up to Rs 50 to settle at Rs 1,050-1,150, Rs 1,455-1,505 and Rs 1,555-1,625 per kg, respectively.
Kirana: Black pepper and jeera registered rise in their prices at wholesale kirana market during the week on increased buying by retailers and stockists against restricted arrivals from producing regions.
Traders said increased offtake by local parties and stockists amid a firm trend in most spices in futures trading buoyed the sentiments.
Pick-up in exports demand also influenced select spice prices, they added.
Black pepper prices rose by Rs 10 to conclude at Rs 560-740 per kg on brisk buying by exporters amid tight supplies from Karnataka.
Cardamom brown-Jhundiwali and Kanchicut traded higher at Rs 830-850- and a Rs 880-1,100 against previous week's closing of Rs 670-690 and Rs 740-1,050 per kg, respectively.
Prices of cloves (superior quality) spurted by Rs 20 to close at Rs 560-680 per kg in view of tight supply amid higher demand.
Dry ginger quoted higher at Rs 11,000-16,500 as compared with last week's closing of Rs 10,500-15,000 per quintal.
Poppyseed (Turkey, U.P and MP-RAJ) prices rose by Rs 10 each to conclude at Rs 370-420, Rs 370-390 and Rs 370-395 per kg, respectively.
Red chilli and turmeric prices increased by up to Rs 500 to close at Rs 4,400-12,600 and Rs 6,800-10,000 per quintal.
Jeera -- common and best quality -- also rose by up to Rs 700 to end at Rs 19,500-19,700 and Rs 21,300-21,800 per quintal in view of restricted arrivals from producing belts amid pick-up in domestic and export demand.
On the other hand, coriander traded lower at Rs 6,000- 12,000 against previous week's close of Rs 6,100-12,200 per quintal on expectations of good crop production from major growing belts.
Kalaunji (inferior quality) drifted down by Rs 100 to finish at Rs 9,700-10,000 per quintal.
Mace -- red and yellow -- quoted lower at Rs 730-980 and Rs 950-970 instead of Rs 750-1,100 and Rs 990-1,000 per kg, respectively.
Makhana and nutmeg prices also declined by Rs 10 each to end at Rs 360-410 and Rs 530-540 per kg, respectiely.