Weak conditions emerged at the oils and oilseeds market during the week with prices of edible oil drifted lower owing to slackened demand from vanaspati millers as well as retailers against increased arrivals from growing belts.
Linseed oil, in the non-edible section, also softened due to reduced offtake by consuming industries.
Traders said apart from a fall in demand from retailers and vanaspati millers, adequate stocks position on increased supplies from producing regions mainly kept pressure on edible oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil fell sharply by Rs 400 to Rs 13,900 per quintal. Groundnut solvent refined followed suit and eased by Rs 30 to Rs 1,950-2,000 per tin.
Mustard expeller (Dadri) oil declined by Rs 100 to Rs 8,750 per quintal. Mustard pakki and kachi ghani oils traded lower by Rs 15 each to 1,400-1,445 and Rs 1,450-1,550 per tin.
Palmolein (rbd) and Palmolein (Kandla) oils also eased by Rs 50 each to Rs 6,100 and Rs 6,150, while crude palm oil (ex-kandla) held steady at Rs 4,500 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils too traded lower by Rs 50 each to Rs 6,800 and Rs 6,500 per quintal, respectively.
In the non-edible section, linseed oil declined by Rs 50 to Rs 9,650 per quintal on lack of demand from paint industries.
Grains: Prices of rice basmati and a few other bold grains
ended lower at the wholesale grains market during the week on muted demand against ample stocks position.
However, wheat prices edged up on increased offtake by flour mills against tight supplies.
Traders said sluggish demand from retailers against sufficient stocks position mainly led to decline in rice basmati prices.
Reduced offtake by consuming industries kept pressure on few other bold grains, they said.
In the national capital, rice basmati common and Pusa-1121 variety, which remained steady for the major part of week, met with resistance at the fag-end and slipped to end at Rs 4,800-5,000 and Rs 4,000-4,800 as compared to previous week's levels of Rs 5,000-5,200 and Rs 4,175-4,950 per quintal, respectively.
Other bold grains like bajra, maize and barley also finished lower at Rs 1,435-1,440, Rs 1,535-1,540 and Rs 1,490-1,495 against last close of Rs 1,470-1,475, Rs 1,540-1,545 and Rs 1,500-1,505 per quintal, respectively.
On the other hand, wheat dara (for mills) edged up by Rs 10 to Rs 1,810-1,815 per quintal on increased offtake by flour mills. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 1,815-1,820 per 90 kg.
Atta flour mills, maida and sooji, however, settled flat at Rs 970-980, Rs 1,060-1,070 and Rs 1,090-1,100 per 50 kg, respectively on scattered support.
Pulses: The wholesale pulses market depicted a mixed
trend during the week with prices of select pulses easing further on ample stocks position on increased supplies from producing regions after government took steps to curb rising prices while a few others edged up on mild demand from retailers.
Traders said adequate stocks position on increased supplies from producing belts amid the government's measures to check rising prices mainly kept pressure on select pulses prices.
They said, however, scattered demand from retailers helped other pulses to trade higher.
Meanwhile, the government decided to further import 90,000 tonnes of pulses, like masoor and tur, to boost domestic supply and control prices.
In the national capital, urad and its dal chilka local slipped to Rs 8,700-9,800 and Rs 8,900-9,000 from previous levels of Rs 9,200-10,300 and Rs 9,400-9,500 per quintal. Its dal best quality and dhoya enquired lower at Rs 9,000-9,500 and Rs 9,400-9,700 as compared to previous week's close of Rs 9,500-10,000 and Rs 9,900-10,200 per quintal.
Moth fell by Rs 200 to Rs 4,400-4,800, while malka local and best quality shed Rs 100 each at Rs 6,800-7,100 and Rs 6,900-7,200 per quintal respectively.
Peas white and green also drifted lower by Rs 200 each to Rs 2,900-2,925 and Rs 3,100-3,200 per quintal respectively.
On the other hand, Gram, gramdal local and best quality recovered by Rs 200 each to Rs 7,400-7,600, Rs 7,800-8,000 and Rs 8,100-8,200 per quintal respectively on speculative buying.
Kabli gram small variety followed suit and edged up to Rs 8,900-9,300 from previous close of Rs 8,600-9,000 per quintal.
Arhar and its dal dara variety also traded higher by Rs 100 each to Rs 6,100 and Rs 8,800-10,500 per quintal respectively.
On the other hand, masoor small and bold moved in a narrow range in limited deals and settled at previous levels of 5,600-5,800 and Rs 5,650-5,850 per quintal. Its dal local and best quality also held steady at Rs 6,050-6,550 and Rs 6,150-6,650 per quintal respectively.
Moong and its dal chilka local traded in a tight range in scattered deals and ended at last levels of Rs 4,900-5,400 and Rs 5,400-5,800 per quintal. Its dal dhoya local and best quality closed flat at Rs 5,800-6,300 and Rs 6,300-6,500 per quintal respectively.
Sugar: Sugar prices after moving in restricted range on
scattered buying by stockists and bulk consumers, closed higher by Rs 10 per quintal at the wholesale market in the national capital during the week amid the government imposing stock limits on mills during the festival season till October-end to curb rising prices.
To check spiralling price of sugar which has crossed Rs 40 per kg, the government on Thursday imposed stock limits on mills during the festival season till October-end.
The decision to impose stock limit on millers would boost availability of sugar in the open market and help in controlling the price rise.
Sugar ready M-30 and S-30 prices commenced the week on a strong footing by rising Rs 30 each at Rs 3,830-3940 and Rs 3,820-3,930, improved further to Rs 3,840-3,950 and Rs 3,830-3,940 but higher levels could not be sustained following increased supplies, to settle at Rs 3,820-3,920 and Rs 3,810-3,910 as compared to last week's close of Rs 3,820-3,920 and Rs 3,810-3,910, still up by Rs 10 per quintal.
In a similar manner, mill delivery M-30 and S-30 prices began higher at Rs 3,540-3,630 and Rs 3,530-3,620 and rose further to Rs 3,540-3,640 and Rs 3,530-3,650, succumbed to supply pressure and settled the week unchanged at last closing levels of Rs 3,520-3,610 and Rs 3,510-3,600 per quintal.
In the millgate section, Sugar Mawana, Thanabhavan, Dhanora, Dhampur, Khatuli and Nazibabad remained marginally up by Rs 10 each to Rs 3,590, Rs 3,550, Rs 3,540, Rs 3,510, Rs 3,590 and Rs 3,580 per quintal.
Prices of all other mills did not show any huge fluctuations and remained unaltered at last week's closing levels.
Jaggery: Quiet conditions persisted at the wholesale gur
(Jaggery) market in the national capital during the week under review as prices moved in narrow range due to muted demand as against negligible arrivals from manufacturing belts and settled at previous levels.
On the other hand, Muzaffarnagar gur market showed a slightly better trend with gur chakku prices rising by up to Rs 100 per quintal on paucity of stocks amid better offtake.
Elsewhere, other gur varieties ruled quiet during the period in Muzaffarnagar and Muradnagar in thin trade.
Marketmen said scarcity of stocks and fresh buying by retailers ahead of the festive season, pushed up gur chakku prices in Muzaffarnagar.
In Delhi, gur Chakku, Pedi, Dhayya and Shakkar prices remained unaltered at Rs 3,900-4,000, Rs 4,000-4,100, Rs 4,100-4,200 and Rs 4,200-4,300 per quintal, respectively.
At Muzaffarnagar, gur Chakku prices rose up to Rs 100 at Rs 3,500-3,600 per quintal, while Khurpa and Laddoo remained untraded due to absence of stocks.
Turning to Muradnagar, prices of gur Pedi ruled flat throughout the week at Rs 3,700-3,800 per quintal on little doing, while trading in gur dhayya could not take place due to absence of stocks.
Dryfruits: Prices of dryfruits fell at the wholesale
market during the week as demand from retailers and stockists declined.
Marketmen said fall in demand at prevailing levels against adequate stocks position following increased arrivals from producing belts mainly led to the fall in almond and other dryfruit prices.
Lower advices from producing regions also dampened the trading sentiments to some extent, they said.
Almond California fell Rs 200 to conclude at Rs 15,800-16,000 per 40 kg and its kernel prices eased by Rs 10 to finish at Rs 580-600 per kg, respectively.
Almond gurbandi and girdhi (both superior quality) declined by Rs 100 each to settle at Rs 12,000-12,100 and Rs 5,500-5,600 per 40 kg, respectively.
Chilgoza-roasted fell by Rs 50 to conclude at Rs 1,350-2,100 per kg.
Cashew kernel (No 180, 210, 240 and 230) prices eased up to Rs 15 to finish at Rs 1,090-1,100, Rs 990-1,000, Rs 890-900 and Rs 790-800 per kg, while its pieces (2, 4 or 8) placed lower at Rs 720-770, Rs 710-760 and Rs 600-670 as against the previous close of Rs 720-775, Rs 710-765 and Rs 600-680 per kg on subdued demand.
Copra (superior quality) drifted lower by Rs 200 to finish at Rs 8,200-10,800 per quintal.
Kishmish Indian green traded lower at Rs 4,000-10,000 against previous closing of Rs 5,000-11,000 per 40 kg.
On the other hand, pistachio Irani, hairati and peshawari prices rose up to Rs 60 to close at Rs 1,150-1,250, Rs 1,270-1,375 and Rs 1,475-1,560 per kg, respectively on brisk buying amid low stocks.
Walnut and its kernel prices were also higher by Rs 10 each to end at Rs 300-450 and Rs 810-1,460 per kg, respectively.
Kirana: Weak conditions prevailed at the wholesale kirana
market during the week with prices of pepper and jeera declining on ample stocks against subdued demand from local parties.
Marketmen said reduced offtake by retailers and exporters as the demand declined at existing levels, mainly kept pressure on prices.
Black pepper prices were down by Rs 10 to conclude at Rs 700-810 per kg.
Cardamom (jhundiwali and kanchicut) declined by Rs 10 each to settle at Rs 920-940 and Rs 990-1,240 per kg.
Coriander and dry ginger drifted Rs 200 each to conclude at Rs 14,000-20,000 and Rs 18,500-19,000 per quintal, respectively.
Mace-red and yellow prices eased by Rs 10 each to finish at Rs 750-1,030 and Rs 1,030-1,040 per kg, respectively.
Poppyseed (Turkey, China and MP-RAJ) prices fell Rs 5 each to settle at Rs 340-350, Rs 345-355 and Rs 370-395 per kg, respectively.
Red chilli and turmeric declined by Rs 200 each to conclude at Rs 8,300-17,300 and Rs 8,200-11,700 per quintal, respectively.
Jeera common and jeera best quality also fell Rs 100 each to end at Rs 19,100-19,600 and Rs 22,100-22,600 per quintal, respectively.
On the other hand, cardamom small varieties such as chitridar, colour robin bold and extra bold spurted up to Rs 50 to end at Rs 1,200-1,300, Rs 1,100-1,125, Rs 1,150-1,175 and Rs 1,200-1,225 per kg, respectively on limited arrivals from the producing belts.
