The wholesale oil and oilseeds market depicted a mixed trend during the week as select edible oils strengthened on scattered buying by retailers, while a few others remained lower on muted demand against adequate stocks position.
However, linseed oil in the non-edible section, moved up on increased demand from paint industries.
Marketmen said scattered buying by retailers against restricted supplies from producing belts led to the rise in select edible oil prices.
However, sluggish demand against ample stocks on higher supplies from producing regions kept pressure on other edible oil prices, they said.
In the national capital, groundnut mill delivery (Gujarat) and cottonseed mill delivery (Haryana) oils rose by Rs 100 and Rs 50 to Rs 11,100 and Rs 6,000 per quintal respectively.
On the other hand, mustard expeller (Dadri) oil slipped by Rs 100 to Rs 8,000 per quintal.
Palmolein (RBD) and palmolein (Kandla) oils also weakened by Rs 50 each to Rs 5,800 and Rs 5,850 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils ended lower by a similar margin to Rs 6,700 and Rs 6,400 per quintal, respectively.
Coconut oil too slipped to Rs 1,550-1,600 from previous week's level of Rs 1,600-1,650 per tin.
Among non-edible oils , linseed found scattered buying support from paint industries and edged up by Rs 50 to Rs 9,700 per quintal.
Grains: Wheat prices continued to rise for the second
straight week at the wholesale grains market in the national capital on the back of increased offtake by flour mills and stockists amid restricted supplies from producing regions.
Rice basmati also firmed up on rising demand from retailers.
However, maize ended lower on increased arrivals from producing regions against subdued demand from consuming industries.
Traders said increased offtake by flour mills against tight stocks position on fall in arrivals from producing belts mainly kept wheat prices higher.
They said rising demand from retailers led to the rise in rice basmati prices.
In the national capital, wheat dara (for mills) surged to Rs 1,780-1,785 from previous week's close of Rs 1,715-1,720 per quintal. Atta chakki delivery followed suit and edged up to Rs 1,790-1,795 per 90 kg.
Atta flour mills, maida and sooji also settled higher at Rs 950-960, Rs 990-1,000 and Rs 1,050-1,060 from previous levels of Rs 910-915, Rs 980-990 and Rs 1,025-1,035 per 50 kg, respectively in line with wheat trend.
In the rice section, rice basmati common and Pusa-1121 variety seen demand and finished higher at Rs 5,800-6,000 and Rs 4,700-5,650 against last close of Rs 5,700-5,900 and Rs 4,600-5,500 per quintal respectively.
Non-basmati rice permal raw, wand, sela and IR-8 followed suit and settled higher at Rs 1,975-2,025, Rs 2,150-2,225, Rs 2,800-2,900 and Rs 1,840-1,850 as compared to last week's close of Rs 1,925-1,975, Rs 2,100-2,150, Rs 2,600-2,700 and Rs 1,800-1,825 per quintal respectively.
On the other hand, maize fell by Rs 50 to Rs 1,450-1,460 per quintal on increased supplies from producing regions.
Pulses: The wholesale pulses market depicted a mixed trend
during the week with prices of urad and moong drifting further on ample stocks position on increased supplies from producing regions after government took steps to kerb rising prices while a few others edged up on scattered demand.
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.
Meanwhile, government sharply hiked the minimum support price (MSP) of pulses by up to Rs 425 per quintal for this year to boost output and check price rise.
They said, however, scattered buying from retailers led to rise in a few other prices.
In the national capital, urad slipped further to Rs 10,600-11,800 against last close of Rs 10,800-12,400 per quintal. Its dal chilka local,best quality and dhoya followed suit and eased to Rs 10,700-10,800, Rs 10,800-11,300 and Rs 11,200-11,500 against last close of Rs 11,100-11,200, Rs 11,200-11,700 and Rs 11,600-11,900 per quintal respectively.
Moong and its dal chilka local also dropped to Rs 6,100-6,700 and Rs 6,650-7,050 from previous levels of Rs 6,450-7,150 and Rs 6,950-7,350 per quintal, respectively. Its dal dhoya local and best quality enquired lower to Rs 7,050-7,550 and Rs 7,550-7,750 as compared to last close of Rs 7,350-7,850 and Rs 7,850-8,050 per quintal, respectively.
Masoor small and bold too declined to Rs 5,750-6,050 and Rs 5,800-6,100 from previous levels of Rs 5,850-6,100 and Rs 5,900-6,100 per quintal, respectively. Its dal local and best quality shed Rs 100 each at to Rs 6,300-6,800 and Rs 6,400-6,900 per quintal,respectively.
Malka local and best quality followed suit and enquired lower by Rs 100 each to Rs 6,900-7,200 and Rs 7,000-7,300 per quintal.
On the other hand, arhar and its dal dara variety rose by Rs 100 each to Rs 8,700 and Rs 11,600-13,300 per quintal.
Rajmah chitra also edged up by Rs 50 to Rs 5,450-6,800 per quintal.
However, gram, gram dal local and best quality moved in a narrow range on scattered buying support and settled steady at previous levels of Rs 5,800-6,300, Rs 6,100-6,400 and Rs 6,550-6,650 per quintal, respectively.
Sugar: Riding on robust demand from bulk consumers,
retailers and stockists, sugar prices rose by up to Rs 60 per quintal at the wholesale market in the national capital during the week under review.
Furthermore, restricted supplies from mills too gave push to rising sweetener prices.
Marketmen said the rise in sugar prices was mostly attributed to brisk buying by retailers, stockists and bulk consumers such as soft-drinks and ice-cream makers, triggered by ongoing summer season and beginning of new month.
Pause in supplies from mills and a spurt in export demand too positively impacted trading sentiments, they added.
Sugar ready M-30 and S-30 prices improved by Rs 60 each to settle the week at Rs 3,700-3,800 and Rs 3,690-3,790 per quintal.
Likewise, mill delivery M-30 and S-30 prices were up by up to Rs 50 to end the week at Rs 3,410-3,490 and Rs 3,400-3,480 as compared with previous week's close of Rs 3,370-3,470 and Rs 3,350-3,450 per quintal, respectively.
In the millgate section, sugar Budhana, Thanabhavan, Simbholi, Dhanora, Chandpur and Dhampur edged higher by Rs 30 each to Rs 3,430, Rs 3,420, Rs 3,480, Rs 3,420, Rs 3,410 and Rs 3,420 per quintal, respectively.
Sugar Mawana, Kinnoni, Asmoli, Dorala, Khatuli, Ramala, Sakoti, Baghpat and Morna too gained Rs 20 each to finish at Rs 3,450, Rs 3,490, Rs 3,470, Rs 3,430, Rs 3,470, Rs 3,410, Rs 3,420, Rs 3,430 and Rs 3,420 per quintal, respectively.
Jaggery: Firm conditions prevailed at the wholesale gur
(Jaggery) market in the national capital during the week with prices going up to Rs 200 per quintal largely backed up by paucity of stocks along with speculative buying by stockists and retailers.
Muzaffarnagar and Muradnagar gur markets also displayed a firm trend as prices registered a rise of up toRs 225 per quintal on thin supplies and strong demand.
Marketmen said tight stocks position in the market on restricted supplies from manufacturing belts following bad weather conditions coupled with speculative buying by stockists and retailers, mainly influenced gur prices.
Besides, an upward trend in sugar prices too supported the upside, they added.
In Delhi, gur Dhayya and Chakku traded higher by Rs 200 each to settle the week at Rs 3,800-3,900 and Rs 3,900-4,000 per quintal.
Gur pedi also swifted by Rs 150 to finish the week at Rs 3,600-3,700, while gur Chakku prices remained unaltered at Rs 3,400-3,500 per quintal.
At Muzaffarnagar, gur chakku prices spurted from previous week's closing levels of Rs 2,900-3,025 to end at Rs 3,050-3,150, showing a gain up to Rs 150 per quintal.
Gur Raskat prices also remained higher due to seasonal demand from beer makers and enquired Rs 50 higher at Rs 2,600-2,650 per quintal.
Meanwhile, gur Khurpa and Laddoo could not be traded due to insufficient stocks position.
At Muradnagar, prices of pedi shot up by Rs 225 to conclude the week at Rs 3,250-3,300 per quintal, while Dhayya did not traded owing to scarcity of stocks.
Dry Fruits: Weak conditions emerged at the wholesale
dryfruits market during the week as cashew and walnut prices declined due to muted demand at prevailing higher levels amid adequate stocks in the market.
Increased offerings by stockists coupled with higher arrivals from overseas markets further fuelled the downtrend.
Marketmen said fall in demand at current levels against adequate stocks position on increased supplies mainly led to fall in cashew and other dry fruit prices.
Lower advices from producing regions also dampened the trading sentiment to some extent, they said.
Cashew kernel (No 180, 210, 240 and 230) prices were down by Rs 5 each per kg to finish at Rs 895-925, Rs 835-845, Rs 745-755 and Rs 670-695 and its broken (2, 4 and 8 pieces) also declined Rs 5 each to conclude at Rs 570-670, Rs 535-645 and Rs 545-620 per kg, respectively.
Copra fell Rs 200 to finish at Rs 10,000-12,300 per quintal.
Kishmish Indian yellow and green traded Rs 100 lower at Rs 2,700-4,400 and Rs 4,900-8,900 per 40 kg bag.
Pistachio hairati and peshawari eased by Rs 5 to finish at Rs 1,075-1,175 and Rs 1,275-1,375 per kg, respectively.
Walnut and its kernel prices also declined up to Rs 50 to end at Rs 290-390 and Rs 800-1,050 per kg.
On the other hand, almond California prices spurted by up to Rs 700 to end at Rs 16,300-16,500 per 40 kg, while its kernel traded higher by Rs 15 at Rs 570-575 per kg due to higher outside trends.
Almond gurbani and girdhi also higher by Rs 100 each to conclude at Rs 10,200-10,300 and 5,700-5,800 per 40 kg, respectively.
Kirana: Black pepper and jeera registered rise in their
prices at wholesale kirana market during the week on increased buying by retailers and stockists against restricted arrivals from producing regions.
Traders said increased offtake by local parties and stockists amid a firm trend in most spices in futures trading buoyed the sentiments.
Pick-up in exports demand also influenced select spice prices, they added.
Black pepper prices rose by Rs 20 to conclude at Rs 720-860 per kg on brisk buying by exporters amid tight supplies from Karnataka.
Cardamom brown-Jhundiwali and Kanchicut prices rose by Rs 20 each to conclude at Rs 1,370-1,380 and Rs 1,430-1,620 per kg, respectively.
Cardamom small varieties such as chitridar, colour robin, bold and extra bold surged Rs 10 each to conclude at Rs 570-750, Rs 580-590, Rs 600-625 and Rs 700-730 per kg, respectively.
Prices of cloves (superior quality) spurted by Rs 10 to close at Rs 550-670 per kg in view of tight supply amid higher demand.
Chirounji prices higher by Rs 10 to finish at Rs 560-660 per kg.
Coriander prices traded higher at Rs 7,600-14,100 against previous week's close of Rs 7,100-13,400 per quintal.
Red chilli prices increased by Rs 300 each to close at Rs 10,300-19,500 per quintal.
Jeera -- common and best quality -- also rose by up to Rs 600 to conclude at Rs 16,600-16,800 and Rs 19,100-19,600 per quintal in view of restricted arrivals from producing belts amid pick-up in domestic and export demand.
On the other hand, kalaunji prices drifted down by Rs 1,000 to finish at Rs 20,500-21,000 per quintal.
Poppyseed (Turkey, China and MP-RAJ) prices declined by Rs 10 each to conclude at Rs 250-270, Rs 270-320 and Rs 290-320 per kg, respectively.
Turmeric prices also traded lower at Rs 8,900-12,700 against previous closing of Rs 9,300-12,800 per quintal.
Bullion: Gold regained the psychological Rs 29,000-mark, featured trading at the bullion market during the week, tracking a firm global trend amid increased buying by jewellers at the domestic spot market.
Silver followed suit and finished higher on increased offtake by industrial units and coin makers.
Sentiment got a boost as gold rallied in global markets after the US added the fewest workers in almost six years, weakening the case for the Federal Reserve to raise interest rates, bullion traders said.
Globally, gold ended the week notably higher at USD 1,243.50 an ounce, while silver climbed to USD 16.39 an ounce in New York.
Besides, acceleration in buying by jewellers at the domestic markets supported the upside in the precious metal prices, they said.
In the national capital, gold of 99.9 and 99.5 per cent purity commenced the week lower and slipped further to hit an over three-month low of Rs 28,720 and Rs 28,570 per 10 grams, respectively.
However, at the fag-end it staged a strong comeback on the back of firm global trend and rallied to close at Rs 29,225 and Rs 29,075 per 10 grams respectively, showing a rise of Rs 375 each.
Sovereign, however, held steady at Rs 22,800 per piece of eight gram.
In volatile movements on alternate bouts of buying and selling, silver ready ended the week higher by Rs 200 to Rs 39,200 per kg and weekly-based delivery closed higher by Rs 215 to Rs 39,080 per kg.
Silver coins also spurted by Rs 1,000 to Rs 67,000 for buying and Rs 68,000 for selling of 100 pieces.
