A firm-to-upward trend was yesterday noticed in groundnut oil. Groundnut oil soared by Rs 10 at Rs 452 per 10 kg.
In other oils, kardi and mowra declined by Rs 5 each to Rs 570 and Rs 325 per 10 grammes .
Ricebran oil and sunflower oil expeller improved by Rs 5 each to Rs 230 and Rs 405 per 10 kg. Sesame oil and copra oil white declined by Rs 5 each to Rs 410 and Rs 445 per 10 kg respectively .
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Soyabean oil refined eased by Rs 4 to Rs 388 per 10 kg. Castor oil commercial and BSS fell by Rs 2 each to Rs 303 and Rs 315 per 10 kg. Imported palmolein firmed up by Re 1 at Rs 377 per 10 kg. In the futures, castorseeds September contract opened Rs 12 up at Rs 1,399 a quintal and went up to Rs 1,404.50. It declined to Rs 1,399 before closing at Rs 1,401.50.
In oilseeds, castorseeds Maharashtra and Madras declined further by Rs 10 each to Rs 1,358 and Rs 1,352 a quintal.
Sugar: A weak trend was in evidence on the wholesale sugar market. Both grades ruled subdued. The market undertone remained weak. Sugar S-30 eased further to Rs 1,440/1,470 a quintal from the previous Rs 1,450/1,480 . Offtake remained dull.
Sugar M-30 fell to Rs 1,461/1,505 against the previous Rs 1,465/1,512 a quintal. Sugar for the check-post deliveries were quoted lower at Rs 1,415/1,425 a quintal for S-30 and at Rs 1,430/1,440 a quintal for M-30.
Non-ferrous metals: A smart recovery was noticed on the local non-ferrous metals market. Demand remained better
In scraps, copper heavy and copper utensils improved by Re 1 and Rs 1.50 to Rs 118 and Rs 103.50 a kg respectively. Brass utensils and sheetcuttings firmed up by 50 paise each to Rs 90 and Rs 93.50 a kg respectively. Aluminium utensils were quoted at Rs 64 a kg. In the virgin section, tin slabs and nickel cathodes looked up by Rs 2 and Re 1 to Rs 370 and Rs 299 a kg Copper wirebar rose by 50 paise at Rs 133 a kg. Zinc slabs and lead ingots hardened by 25 paise each to Rs 81.25 and Rs 43.25 a kg respectively. Aluminium ingots ruled overall steady at Rs 82.50 a kg.
Bullion: A firm-to-upward trend was seen on the local bullion market yesterday. Both precious metals ruled firm. The market remained weak.
In white metals, silver .999 and .916 improved by Rs 260 each to Rs 7,860 and Rs 7,745 a kg respectively on firm overseas advices coupled with the weakening of the rupee. Industrial demand remained dull at the higher level. Delhi advices too indicated a moderate trend.
In yellow metal, both standard gold and .22 carat firmed by Rs 70 and Rs 65 to Rs 4,230 and Rs 3,915 per 10 grammes respectively on strong overseas advices. Consumer demand remained dull at the improved level. Gold biscuit prices too jumped by Rs 800 at Rs 49,700 per piece on better movements.