Sugar/Jaggery: In restricted trading, sugar prices fell by up to Rs 65 per quintal during the week under review on fresh supply from mills, while gur prices rose by upto Rs 150 per quintal on tight stocks position following fall in production in the neighbouring states.
The Muzaffarnagar and Muradnagar gur markets also remained firm on less arrivals against better offtake.
Market analysts said increased supply of sugar in the market against reduced offtake by retailers and bulk consumers such as soft drink and ice-cream makers mainly influenced the trading sentiments.
The gur prices rose on tight supply from Uttar Pradesh and Haryana as producing ended following change of weather, they added. Business volumes fell as the market remained closed on Wednesday, Thursday and Saturday on account of Ramnavmi, Ambedkar Jayanti and Mahavir Jayanti.
Sugar medium and second grades prices fell by Rs 65 each to Rs 2,960-3,060 and Rs 2,950-3,050 per quintal, respectively. Similarly, sugar mill delivery medium and second grades fell by Rs 25 each to Rs 2,750-2,925 and Rs 2,725-2,900 per quintal, respectively.
In the millgate section, mawana and dorala sugar prices fell by Rs 20 each to Rs 2,845 and Rs 2,840 per quintal, respectively. Sugar titabi eased by Rs 10 to Rs 2,850 per quintal.
In the jaggery section, gur pedi and dhayya prices rose by Rs 150 each to Rs 2,500-2,550 and Rs 2,550-2,600, respectively. Gur chakku rose by Rs 100 to Rs 2,300-2,350 and shakkar traded higher at Rs 2,600-2,700 from Rs 2,600-2,650 per quintal.
At Muzzafarnagar, gur chakku and khurpa rose by Rs 100 each to Rs 2,050-2,250 and Rs 2,050-2,100 per quintal, respectively. Gur raskat improved by Rs 50 to Rs 1,875-1,975 per quintal on better offtake by beer makers.
In Muradnagar, gur pedi and dhayya were quoted higher from Rs 2,100-2,150 and Rs 2,150-2,200 to Rs 2,150-2,250 and Rs 2,300-2,350 per quintal, respectively.
Dry Fruits: Almond and cashew prices declined in the national capital during the week under review mostly due to considerable fall in demand from local traders and stockists due to off marriage and festival season.
Increased arrivals from producing belts also put pressure on the prices. Almond California prices fell by Rs 200 to Rs 9,800 per 40 kg while its kernel fell by Rs 10 to Rs 340-350 on lack of support.
Cashew kernel No 180, 210, 240 and 320 prices declined by up to Rs 15 to Rs 625-635, Rs 585-590, Rs 520-525 and Rs 440-460 per kg, respectively, on subdued demand. Copra prices fell by Rs 100 to settle at Rs 7,400-7,500 per quintal on reduce offtake.
Pistachio varieties such as Hairati and Peshwari eased by up to Rs 10 to Rs 1,000-1,050 and Rs 1,250-1,300 per kg, respectively.
Kirana: Firm conditions prevailed on the wholesale kirana market during the past week as prices, led by black pepper and chilli surged on emergence of buying by stockists and retailers. Besides, restricted arrivals from growing regions also supported the upside in spices' prices.
Traders said buying activity picked-up in black pepper and chilli on rising domestic and export demand. They added that a firming trend at the futures markets also supported the uptrend.
Black pepper prices rose to Rs 27,000-27,300 from previous week's close of Rs 25,800-26,000 per quintal. Cardamom brown (Jhundiwali and Kanchicut) surged by Rs 30 each to Rs 1,030-1,060 and Rs 1,170-1,320 per kg, respectively.
Dry ginger prices spurted by Rs 1,000 to Rs 17,500-21,000 per quintal on brisk buying. Mace-yellow and makhana prices increased by up to Rs 60 to conclude at Rs 1,650-1,750 and Rs 250-300 per kg, respectively.
Poppyseed (Turkey, MP-RAJ and Kashmiri) prices rose by Rs 5 each to Rs 165, Rs 170-225 and Rs 175 per kg, respectively.
Likewise, red chilli traded higher at Rs 6,800-13,500 as against previous closing of Rs 6,500-12,500 per quintal, on firm advices from futures market. Jeera common and jeera best quality also surged by Rs 100 per quintal each to Rs 15,300-15,400 and Rs 17,300-17,500 per quintal, respectively.
Bullion: In a brief three-day trading, both the precious metals silver and gold surged to record-high in the bullion market during the past week, on brisk buying by stockists due to the upcoming marriage season amid a rally in overseas markets.
While gold climbed to an all-time high of Rs 21,710 per 10 gram, silver set a record at Rs 63,200 per kg in three trading sessions as markets remained closed on Tuesday, Thursday and Saturday for public holidays.
Trading sentiments bolstered as gold in international markets spurted to all-time high of $1,489.30 an ounce on speculations that the sovereign-debt crisis in Europe will worsen, boosting the appeal of the precious metal as an alternate investment.
Silver also touched the highest level in 31 years to $43.07 an ounce. Besides, retailers buying for the upcoming marriage season further fuelled the uptrend.
Silver ready commenced higher on fresh buying support and maintained the uptrend on local support to close at its highest level of Rs 63,200 per kg, showing a jump of Rs 1,800.
Silver weekly-based delivery shot up by Rs 1,790 to Rs 62,435 per kg. Silver coins also hit a record by adding Rs 2,000 to Rs 68,500 for buying and Rs 69,000 for selling of 100 pieces.
In line with a general firming trend, gold of 99.9 and 99.5 per cent purity opened marginal lower on lack of buying support and fell further to Rs 21,430 and Rs 21,310, respectively.
However, a sharp recovery at the fag-end pushed up the prices and gold of 99.9 and 99.5 per cent purity settled at record levels of Rs 21,710 and Rs 21,590 per 10 grams, respectively, showing a rise of Rs 165 each.
Sovereigns also moved up by Rs 50 to Rs 17,750 per piece of eight grams.
