Edible oil prices strengthened at the wholesale oils and oilseeds market during the week due to rising demand from vanaspati millers and retailers against tight supplies.
Castor oil in the non-edible section, also showed strength on increased offtake by consuming industries.
Besides, rising demand from vanaspati millers and retailers, paucity of stocks on restricted supplies from producing regions mainly kept edible oil prices higher, traders said.
In the national capital, groundnut mill delivery (Gujarat) oil moved up by Rs 100 to Rs 10,200 per quintal, while groundnut solvent refined held steady at Rs 1,800-1,900 per tin.
Mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils went up by Rs 50 each to Rs 8,600 and Rs 6,850 per quintal, respectively.
Palmolein (RBD) and palmolein (Kandla) also rose by Rs 50 each to Rs 6,200 and Rs 6,250 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils too edged up by a similar margin to Rs 6,900 and Rs 6,600 per quintal.
In the non-edible section, castor oil moved up by Rs 100 to Rs 9,850-9,950 per quintal, while linseed oil held steady at Rs 9,850 per quintal on lack of buying support from paint units.
Grains: The wholesale grains market displayed a firm
trend during the week as prices of wheat and rice basmati moved up due to increased offtake against tight stocks position on fall in supplies from producing regions.
A few other bold grains also went up on increased demand from consuming industries.
Traders said increased offtake by flour mills, paucity of stocks on fall in supplies from producing belts led to the rise in wheat prices.
Uptick in demand from retailers helped rice basmati prices to close higher, they said.
In the national capital, wheat dara (for mills) rose by Rs 30 to Rs 1,970-1,980 per quintal. Atta chakki delivery followed suit and traded higher at Rs 2,000-2,030 from previous level of Rs 1,985-2,000 per 90 kg. Atta flour mills edged up to Rs 1,150-1,160 from previous close of Rs 1,100-1,115 per 50 kg.
In the rice section, rice basmati Pusa-1121 variety also finished higher at Rs 4,950-6,100 from previous level of Rs 4,800-6,000 per quintal.
Other bold grains like bajra and maize too ended higher by Rs 40 each to Rs 1,465-1,480 and Rs 1,590-1,610 per quintal, respectively.
Pulses: Gram and kabuli gram prices tumbled by up to Rs
1,600 per quintal at the wholesale pulses market during the week owing to ample stocks position on improved supplies against fall in demand from retailers.
Arhar, urad and masoor also ended lower on lack of buying support.
However, moong and moth edged up on scattered demand.
Marketmen said adequate stocks position in the market on the back of increased supplies from producing regions against considerable fall in demand, mainly kept pressure on gram, kabli gram and other pulses prices.
In the national capital, gram, gramdal local and best quality suffered the most and plunged to Rs 7,400-7,600, Rs 8,200-8,500 and Rs 8,600-8,700 from previous week's close of Rs 9,000-9,200, Rs 9,800-10,100 and Rs 10,200-10,300 per quintal, respectively.
Kabli gram small variety followed suit and dropped by Rs 700 to Rs 9,000-9,500 per quintal.
Besan Shaktibhog and Rajdhani quoted lower at Rs 3,800 each instead of Rs 4,300 each per 35 kg bag.
Arhar and its dal dara variety slumped by Rs 300 each to Rs 4,850 and Rs 6,700-8,500 per quintal, respectively.
Urad and its dal chilka drifted lower by Rs 200 each to Rs 6,100-7,100 and Rs 6,400-6,500 per quintal. Its dal best quality and dhoya traded lower by a similar margin to Rs 6,500-7,000 and Rs 6,900-7,200 per quintal.
Masoor small and bold shed Rs 50 each to 4,900-5,000 and Rs 4,950-5,100 per quintal. Its dal local and best quality declined by Rs 100 each to Rs 5,300-5,800 and Rs 5,400-5,900 per quintal. Malka local and best too lost Rs 100 each at Rs 6,100-6,300 and Rs 6,200-6,400 per quintal.
On the other hand, moong and its dal chilka local inched up by Rs 100 each to Rs 5,300-5,500 and Rs 5,800-6,000 per quintal.
Its dal dhoya local and best quality traded higher by a similar margin to Rs 6,400-6,900 and Rs 6,900-7,100 per quintal. Moth rose by Rs 100 to Rs 3,600-4,000 per quintal.
