Oils and Oilseeds: Cottonseed oil washed and refined qualities held overall steady to Rs 310 and Rs 315 per 10 kg respectively on subdued industrial demand against modest availability of ready stock.
Groundnut oil eased by Rs 3 at Rs 417 per 10 kg on dull offtake at higher level against subdued ready stock position, while all the other oils ruled steady to easy in the local oils and oilseeds market yesterday.
The arrivals of imported goods remained scarce and the trading volume was modest. Out-of-state orders indicated a modest trend. Castor oil international new contract commenced today.
Ricebran oil looked up by Re 1 at Rs 143 per 10 kg on modest industrial demand against easy availability of ready stock. Castor oil commercial and FSG qualities ruled steady at Rs 237 and 249 per 10 kg respectively on modest industrial demand against normal inflows.
Imported RBD palmolein and imported soya oil refined looked up by Rs 2 and Re 1 to Rs 236 and Rs 255 per 10 kg on moderate industrial demand against normal inflows.
September contract opened Rs 12 lower at Rs 1154 a quintal and held steady at the same level throughout the trading hours.
All the RBD palmolein contracts i.e. - January, February and March-2001remained untraded yesterday. Castor oil international June-2001 contract remained untraded today.
New August-2000 contract commenced today at Rs 261 per 10 kg and held overall steady at the same level throughout the trading sesson. In oilseeds, kardiseeds looked up by Rs 25 at Rs 1200 a quintal on better industrial demand against subdued supplies.
Meanwhile, all the other oilseeds ruled overall steady and were quoted as under : niverseeds Rs 1700 and castorseeds Rs 1035 a quintal respectively on narrow movements.
Sugar: A weak trend witnessed in sugar prices on moderate consumer offtake against normal inflows at the local Turbhe wholesale sugar market yesterday. Both the grades ruled dull.
Small-grade sugar (S-30) eased further to Rs 1430/1470 a quintal against the previous level of Rs 1430/1485 on easy availability of ready stock against modest consumer demand. Medium-grade (M-30) declined to 1475/1540 a quintal against its previous level of Rs 1493/1555 on weak demand against modest availability.
Consumer demand was subdued against normal supplies of ready stock. Sugar prices for check-post were quoted low at Rs 1410/1425 for S-30 grade and Rs 1445/1475 a quintal for M-30 grade yesterday.
Non-ferrous metals: A firm trend witnessed in the non-ferrous metals at the local market yesterday. All the metals ruled mostly firm.
In scraps, copper heavy scraps, brass sheetcuttings and aluminium utensils firmed up by Re 1 each to Rs 122, Rs 101 and Rs 76 a kg respectively on improved industrial demand against restricted availability of ready stock.
Meanwhile, all the other metals ruled overall steady and were nominally quoted as under : copper utensils Rs 108.00 and brass utensils Rs 95.50 a kg respectively on narrow movements.
In virgins, lead ingots and nickel cathodes weakened by Re 1 and Rs 6 to Rs 366 and Rs 457 a kg respectively on weak industrial enquires. Lead ingots eased by 50 paise at Rs 41.00 a kg on weak industrial demand.
Copper wirebar firmed up by 50 paise at Rs 135 a kg on better industrial demand. Meanwhile, all the other metals ruled overall steady and were nominally quoted as under : aluminium ingots Rs 96.00 and zinc slabs Rs 80.00 a kg respectively on narrow movements.
Bullion: A steady to easy trend witnessed in precious metals prices at the local bullion market yesterday.
Both the precious metals ruled steady. Silver .999 held overall steady at Rs 7500 a kg on narrow movements while silver .916 weakened by Rs 20 at Rs 7375 a kg on dull overseas advices coupled with moderate offtake.
Delhi advices indicated a modest trend. Standard gold and 22 carat gold held overall steady at Rs 4350 and Rs 4025 per 10 grams respectively on steady upcountry advices and fair offtake.
Gold biscuits prices looked up moderately by Rs 50 at Rs 50,950 per piece on fair industrial movements.
