Groundnut oil continued to rule steady at Rs 365 per 10 kg on moderate arrivals coupled with subdued consumer demand. The trading volume was quite thin.
Rapeseed oil refined imported and soy oil refined declined by Rs 2 and Rs 3 to Rs 219 and Rs 219 per 10 kg, respectively. Cottonseed oil washed and refined oil by Rs 2 and Re 1 to Rs 220 and Rs 231 per 10 kg, respectively, while castor oil commercial and BSS qualities firmed up by Rs 2.50 each to Rs 357.00 and Rs 369.00 per 10 kg, respectively. Imported palmolein declined by Rs 3 at 194 per 10 kg.
Castorseeds contract March-2000 opened Rs 5 down at Rs 1,653 a quintal and improved to Rs 1,683. It declined to Rs 1,653 before closing at Rs 1,668 a quintal.
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Castor oil international contract Feb-2000 remained untraded yesterday, while April-2000 opened steady at the previous level of Rs 369 per 10 kg yesterday.
Castorseeds Madras and Maharashtra qualities improved by Rs 12 each to Rs 1,653 and Rs 1,683 a quintal, respectively. Nigerseeds improved by Rs 50 to Rs 2,300 a quintal. Meanwhile, all the other oilseeds ruled steady.
Sugar: An easy-to-steady trend witnessed at Turbhe, wholesale sugar market at Navi Mumbai. A modest demand led fair trend in sugar prices.
Small-grade sugar (S-30) eased to Rs 1,345-1,380 a quintal from Rs 1,345-1,400. Medium-grade (M-30) softened to Rs 1,385-1,495 from Rs 1,385-1,500 a quintal. Consumer demand was modest. Sugar prices for check-post were also quoted low at Rs 1,320-1,345 a quintal for the small grade and Rs 1,370-1,472 for the medium grade.
Non-ferrous metals: A mixed trend was witnessed in the non-ferrous metals mart yesterday. Scraps metals ruled firm, while virgins ruled steady-to-dull. Demand was easy-to-steady.
In scraps, copper heavy scraps firmed up by 50 paise at Rs 115.00 a kg, while brass sheet-cuttings eased by 25 paise at Rs 94.50 a kg. Meanwhile, all other metals ruled steady, and were quoted as under: copper utensils Rs 99.50, brass utensils Rs 87.50 and aluminium utensils Rs 68.75 a kg, respectively.
In virgins, nickel cathodes improved by Rs 5 to Rs 556 a kg, while tin slabs eased by Rs 2 at Rs 381 a kg. All other metals ruled steady and were quoted as under: copper wire-bar Rs 127.50, aluminium ingots Rs 90.00, zinc slabs Rs 88.50 and lead ingots Rs 37.00 a kg, respectively.
Bullion: A mixed trend was noticed in precious metals prices at the local bullion market yesterday. Silver ruled weak, while gold ruled steady.
Silver .999 and .916 eased by Rs 30 and Rs 20 to Rs 8,200 and Rs 8,085 a kg, respectively. Demand was modest.
Standard gold and 22 carat gold prices ruled steady and were quoted at Rs 4,770 and Rs 4,410 per 10 gm, respectively. Gold biscuits prices also ruled steady and were quoted at Rs 56,000 per piece.