Out-of-state orders indicated a subdued trend. Sesame oil improved by Rs 3 at Rs 265 per 10 kg on improved industrial demand against limited inflows.
Imported RBD palmolein and imported soya oil refined held steady at Rs 216 and Rs 230 per 10 kg on narrow movements.
Castorseeds September contract remained untraded yesterday. December contract opened Rs 9 lower at Rs 1,327 a quintal and held overall steady at the same level. It declined and closed to Rs 1,326 on speculative movements.
More From This Section
RBD palmolein contracts October and November-2000 remained untraded yesterday while December-2000 contract opened Rs 11 up at Rs 226 per 10 kg and held overall steady.
Castor oil international August contract remained untraded yesterday. While October contract opened Re 1 down at Rs 332 per 10 kg and ruled steady at the same level.
Castorseeds declined by Rs 15 at Rs 1,470 a quintal on sluggish industrial demand and easy arrivals. Meanwhile, all the other oilseeds ruled overall steady on narrow movements.
Sugar: A firm trend continued at Turbhe, wholesale sugar market at Navi Mumbai, yesterday. Both the grades ruled firm. A better demand led firm trend in sugar prices.
Small-grade sugar (S-30) advanced further to Rs 1,555/1,575 a quintal against its previous level of Rs 1,550/1,565 on firm consumer demand against modest inflows. Medium-grade (M-30) firmed up further to Rs 1,580/1,601 a quintal against its previous level of Rs 1,570/1,600.
Consumer demand was better against normal supply position. Sugar prices for check-post were quoted lower at Rs 1,535/1,555 a quintal for S-30 grade and Rs 1,560/1,575 for the medium grade yesterday.
Non-ferrous metals: A firm to steady trend was noticed in the non-ferrous metals at the local market yesterday. Metals in both the sections ruled mostly steady. The demand was modest against normal supply position.
In scraps, aluminium utensils and brass utensils advanced by Re 1 and 50 paise to Rs 76.00 and Rs 92.50 a kg respectively on reduced supplies of ready stock and better industrial inquires.
Meanwhile, all the other metals ruled overall steady and were nominally quoted as under: copper heavy scraps Rs 124.00, copper utensils Rs 104.50 and brass sheetcuttings Rs 102.00 a kg respectively on narrow movements.
In virgins, nickel cathodes improved by Rs 5 at Rs 530 a kg on short-supply of ready materials against better industrial demand.
Meanwhile, all the other metals ruled overall steady and were nominally quoted as under: copper wirebar Rs 144.00, aluminium ingots Rs 92.00, zinc slabs Rs 90.00, lead ingots Rs 36.00 and tin slabs Rs 370 a kg respectively on narrow movements.
Bullion: A mixed trend continued in precious metals prices at the local bullion market yesterday. Silver ruled firm while gold ruled weak.
Silver .999 and .916 improved by Rs 25 and Rs 20 to Rs 8,050 and Rs 7,930 a kg respectively on better industrial demand coupled with firm overseas advices. Delhi advices indicated a moderate trend.
Standard gold and 22 carat gold prices declined by Rs 20 each to Rs 4,510 and Rs 4,170 per 10 gm respectively on weak overseas advices and modest local offtake. Gold biscuits prices ruled dull too and lost Rs 200 at Rs 52,700 per piece on weak offtake and normal inflows of stock.