Sesame oil improved by Rs 3 at Rs 265 per 10 kg on improved industrial demand against limited inflows. Imported RBD palmolein and improted 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 8 up at Rs 1,373 a quintal and held overall steady at the same level. It declined to Rs 1,333 before closing to Rs 1,336 on speculative movements.
RBD palmolein contracts October-2000 opened steady at Rs 215 per 10 kg and held overall steady at the same level throughout the session. Whereas November and December contracts remained untraded yesterday.
Castor oil international August contract remained untraded yesterday. While October contract opened steady at Rs 333 per 10 kg and ruled steady at the same level.
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Castorseeds and nigerseeds ruled overall steady at Rs 1,485 and Rs 2,200 per quintal respectively on subdued industrial interest against modest arrivals from the producing centres. 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) improved further to Rs 1,550-1565 a quintal against its previous level of Rs 1,545-1560 on firm consumer demand against modest inflows. Medium-grade (M-30) looked further to Rs 1,570-1,600 a quintal against its previous level of Rs 1,565-1,585.
Consumer demand was modest against normal supply position. Sugar prices for check-post were quoted lower at Rs 1,535-1,545 a quintal for S-30 grade and Rs 1,555-1,570 for the medium grade yesterday.
Non-ferrous metals : A steady trend was noticed in the non-ferrous metals at the local market yesterday. Metals in both the sections ruled steady. The demand was modest against normal supply position.
In scraps, all metals ruled overall steady and were nominally quoted as under: copper heavy scraps Rs 124, copper utensils Rs 104.50, brass utensils Rs 92, brass sheetcuttings Rs 102 and aluminium utensils Rs 75 a kg respectively, on narrow movents.
In virgins, copper wirebar Rs 144, aluminium ingots Rs 92, zinc slabs Rs 90, lead ingots Rs 36, tin slabs Rs 370 and nickel cathodes Rs 525 a kg respectively on narrow movements.
Bullion : A mixed trend continued in precious metals prices at the local bullion market yesterday. Silver ruled divergent while gold ruled overall steady.
Silver .999 eased by Rs 5 at Rs 8,025 a kg on dull industrial demand coupled with weak overseas advices while silver .916 looked up by Rs 10 to Rs 7910 a kg on strong upcountry advices backed by modest industrial demand. Delhi advices indicated a moderate trend.
Standard gold and 22 carat gold prices held overall steady and were nominally quoted to Rs 4,530 and Rs 4,190 per 10 gm respectively on steady overseas advices and modest local offtake. Gold biscuits prices ruled steady too and were qoted at Rs 52,900 per piece on moderate offtake and normal inflows of stock.