The wholesale oil and oilseeds market ended on a mixed trend during the week as prices of select edible oils drifted further lower on easing demand from vanaspati mills against adequate stocks while a few others edged up on some enquiries from retailers.
However, non-edible oils moved in a narrow range in limited deals from consuming industries and pegged at last levels.
Traders said muted demand from vanaspati millers against sufficient stocks position on increased supplies from producing belts mainly kept pressure on select edible oil prices.
However, scattered buying support from retailers helped other prices to close marginally higher, they said.
In the national capital, groundnut mill delivery (Gujarat) oil fell by Rs 200 to Rs 9,500 per quintal.
Palmolein (RBD) and palmolein (Kandla) oils also shed Rs 50 each to Rs 5,500 and Rs 5,550 per quintal, respectively.
On the other hand, mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils edged up by Rs 100 each to Rs 8,000 and Rs 6,550 per quintal, respectively.
However, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils moved both ways on alternate bouts of buying or selling and finally settled at previous levels of Rs 6,400 and Rs 6,000 per quintal, respectively.
In the non-edible section, castor and linseed oils moved in tight range through out the week on negligible enquiries from consuming industries and settled at last levels of Rs 9,100-9,200 and Rs 9,100 per quintal respectively.
Grains: Rice basmati and a few other bold grains ended
lower at the wholesale grains market during the week on easing demand from stockists against sufficient stocks.
However, wheat strengthened due to increased offtake against fall in arrivals.
Traders said fall in demand from stockists and retailers against adequate stocks position, mainly pulled down rice basmati prices.
In the national capital, rice basmati common and Pusa- 1121 variety drifted lower by Rs 400 each to Rs 7,000-7,100 and Rs 5,700-6,000 per quintal, respectively.
Non-basmati rice permal raw, wand, sela and IR-8 followed suit and settled lower at Rs 2,225-2,250, Rs 2,275-2,300, Rs 2,500-2,600 and Rs 1,850-1,900 as compared to previous levels of Rs 2,250-2,275, Rs 2,300-2,350, Rs 2,700-2,800 and Rs 1,875-2,000 per quintal in line with rice basmati trend.
Other bold grains like bajra and maize slipped to Rs 1,330-1,340 and Rs 1,360-1,370 from previous levels of Rs 1,350-1,360 and Rs 1,415-1,425 per quintal on reduced offtake by consuming industries.
Jowar yellow and white too eased to Rs 1,550-1,600 and Rs 3,100-3,300 against last close of Rs 1,600-1,650 and Rs 3,300 -3,500 per quintal, respectively.
On the other hand, wheat dara (for mills) rose by Rs 15 to Rs 1,755-1,760 per quintal. Atta chakki delivery followed suit and edged up to Rs 1,760-1,765 from previous level of Rs 1,745-1,750 per 90 kg.
However, atta flour mills, maida and sooji, settled steady at Rs 950-960, Rs 960-970 and Rs 1,040-1,050 per 50 kg, respectively in scattered demand.
Pulses: Select pulses, led by gram, staged a moderate
recovery at the wholesale markets during the week on scattered demand from retailers and dal mills.
Marketmen said some demand from retailers and dal mills against fall in supplies from producing regions mainly attributed a moderate recovery in gram and a few other pulses prices.
In the national capital, gram, gramdal local and best quality settled higher at Rs 5,300-6,300, Rs 6,100-6,500 and Rs 6,500-6,600 from previous week's levels of Rs 5,300-6,200, Rs 6,000-6,400 and Rs 6,400-6,500 per quintal, respectively.
Kabuli gram small variety moved on both ways on alternate bouts of buying and selling and finally settled at Rs 9,300- 10,100 from previous level of Rs 9,000-10,200 per quintal.
Moong and its dal chilka local also went up by Rs 100 each to Rs 4,100-4,700 and Rs 4,800-5,000 per quintal, respectively. Its dal dhoya local and best quality traded higher by a similar margin to Rs 5,400-5,900 and Rs 5,900- 6,100 per quintal, respectively.
On the other hand, arhar and its dal dara variety moved in a narrow range in scattered deals and pegged at last close of Rs 3,800 and Rs 5,800-7,600 per quintal, respectively.
Sugar: Weak conditions developed on the wholesale sugar market in the national capital during the week under review with prices falling by up to Rs 60 per quintal on persistent arrivals from mills amid restricted buying by stockists and bulk consumers.
Marketmen said ample stocks against low demand from stockists and bulk consumers on hopes of further fall in sweetener prices, mainly influenced the prices.
Sugar ready M-30 and S-30 prices weakened by Rs 60 each to end the week at Rs 3,900-3,960 and Rs 3,890-3,950 per quintal.
Prices of sugar mill delivery M-30 and S-30 also fell by Rs 60 to finish the week at Rs 3,580-3,710 and Rs 3,570-3,700 per quintal, respectively.
In the millgate section, sugar Dhampur and Khatuli dipped by Rs 60 each to end the week at Rs 3,600 and Rs 3,650, followed by Dorala, Anupshaher, Baghpat and Morna by Rs 50 each to Rs 3,640, Rs 3,600, Rs 3,610 and Rs 3,600 per quintal.
Sugar Budhana lost Rs 45 at Rs 3,625, while, Kinnoni, Thanabhavan, Dhanora, Ramala, Sakoti and Nazibabad slipped by Rs 40 each to Rs 3,670, Rs 3,620, Rs 3,660, Rs 3,600, Rs 3,630 and Rs 3,600 per quintal.
Prices of Asmoli and Simbholi declined by Rs 35 each to Rs 3,655 and Rs 3,670, while Chandpur lost Rs 20 to Rs 3,630 per quintal.
Jaggery: A firm trend emerged at the wholesale gur
(Jaggery) market in the national capital during the week following speculative buying by stockists and retailers amid negligible arrivals from manufacturing belts, registering gains of Rs 100 per quintal.
Muzaffarnagar and Muradnagar gur markets also displayed a strong trend during the period on paucity of stocks amid speculative buying by stockist, rising by up to Rs 75 per quintal.
Marketmen said besides speculative buying by stockists, paucity of stocks due to negligible supplies from manufacturing belts because of adverse weather conditions, supported the upmove in gur prices.
In Delhi, gur pedi and dhayya prices rose by Rs 100 each to end the week at Rs 3,700-3,800 and Rs 4,000-4,100 per quintal.
Meanwhile, gur chakku and shakkar prices were unaltered at Rs 3,600-3,700 and Rs 4,000-4,100 per quintal on some support.
At Muzaffarnagar, gur Chakku prices were higher by Rs 75 to settle at Rs 3,1250-3,350 as compared from previous week's close of Rs 3,050-3,350 per quintal.
While gur laddoo prices remained unaltered throughout the week at Rs 3,250-3,300 on little doing.
However, gur Raskat and khurpa prices remained unquoted due to scarcity of stocks.
Coming to Muradnagar, gur pedi prices improved from previous week's close of Rs 3,175-3,350 to end the week at Rs 3,250-3,350, showing a rise of Rs 75 per quintal, while gur dhayya prices not quoted on paucity of stocks.
Dry fruits: Weak conditions prevailed at the wholesale
dryfruits market during the week as almond and walnut prices declined due to muted demand at current higher levels amid adequate stocks in the market.
Increased offerings by stockists coupled with increased arrivals from overseas markets also weighed on prices.
Marketmen said fall in demand at prevailing higher 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.
Almond (California) prices drifted lower by Rs 200 to Rs 16,700-17,100 per 40 kg and its kernel rates also slipped by Rs 15 to end at Rs 585-595 per kg.
Almond gurbandi and girdhi declined by Rs 100 each to conclude at Rs 12,000-12,100 and Rs 5,000-5,200 per 40 kg.
Cashew kernel (No 180, 210, 240 and 230) prices were down by Rs 10 each per kg to conclude at Rs 1,070-1,080, Rs 940- 950, Rs 890-900 and Rs 790-800 and its broken (2, 4 and 8 pieces) also eased Rs 5 each to finish at Rs 670-770, Rs 650- 765 and Rs 550-660 per kg, respectively.
Chilgoza-roasted fell Rs 100 to end at Rs 2,500-2,700 per kg.
Copra and dry dates-red drifted lower at Rs 8,500-10,500 and Rs 2,700-12,000 against previous week's close of Rs 8,900 -11,100 and Rs 2,800-12,100 per quintal, respectively.
Coconut powder fell Rs 100 to finish at Rs 4,000-4,400 per 25 kg.
Kishmish Indian yellow and green traded up to Rs 300 lower at Rs 3,800-4,800 and Rs 5,000-7,500 per 40 kg bag.
Pistachio hairati and peshawari eased by Rs 5 to finish at Rs 1,425-1,450 and Rs 1,525-1,550 per kg, respectively.
Walnut and its kernel prices also fell by Rs 10 each to end at Rs 270-380 and Rs 800-1,300 per kg.
Kirana: Select spices depicted a weak trend at the
wholesale market in the national capital during the week under review on stockists selling against slowdown in buying activity at prevailing higher levels and closed with widespread losses.
Sentiments were weak owing to adequate stocks position following increased arrivals from producing belts.
Marketmen said reduced offtake by retailers as well as exporters following fall in demand at existing levels, mainly weighed on prices.
Black pepper prices declined by Rs 10 to conclude at Rs 520-700 per kg.
Cardamom brown-Jhundiwali and Kanchicut prices declined up to Rs 50 to conclude at Rs 680-700 and Rs 740-1,030 per kg, respectively.
Cardamom small varieties such as chitridar, colour robin, bold and extra bold fell up to Rs 40 to settle at Rs 975- 1,100, Rs 830-850, Rs 850-870 and Rs 970-980 per kg, respectively.
Cloves prices were lower at Rs 560-675 against previous week's close of Rs 575-700 per kg on higher arrivals from Bangladesh.
Coriander and dry ginger declined by Rs 100 each to conclude 5,700-11,700 and Rs 10,500-15,700 per quintal, respectively.
Kalaunji prices fell by Rs 500 to end at Rs 7,500-7,800 per quintal.
Mace-red and yellow prices eased by Rs 10 each to conclude at Rs 700-840 and Rs 940-960 per kg.
Nutmeg close lower at Rs 430-440 from previous week's mark of Rs 450-470 per kg.
Poppyseed (Turkey, UP and MP-RAJ) prices fell up to Rs 30 to settle at Rs 370-400, Rs 350-370 and Rs 380-410 per kg, respectively.
Turmeric prices also dropped by Rs 100 to end at Rs 6,400-9,700 per quintal.
On the other hand, jeera common and jeera best quality traded higher up to Rs 400 to end at Rs 19,000-19,100 and Rs 21,500-22,000 per quintal.
Bullion: Tracking a weak trend overseas and easing demand from local jewellers, gold lost its sheen during the week at the bullion market and recorded a fall of Rs 180 in its prices to close at Rs 29,370 per ten grams.
Silver also slumped below the Rs 40,000-mark by falling Rs 570 to Rs 39,900 per kg due to reduced offtake by industrial units and coin makers.
Traders said apart from a weak trend overseas, fading demand from local jewellers and retailers at domestic spot markets, mainly attributed the fall in gold prices.
Globally, gold settled the week lower at USD 1,266.40 an ounce and silver at USD 17.17 an ounce in New York.
In the national capital, gold of 99.9 and 99.5 per cent purity commenced the week higher and advanced to Rs 29,795 and Rs 29,645 per ten grams respectively on fresh buying support.
Later, it met with resistance at higher levels along with a weak trend overseas its slipped to end at Rs 29,370 and Rs 29,220 per ten grams respectively, showing a loss of Rs 180 each.
Sovereign, however, settled at previous level of Rs 24,400 per piece of eight gram in limited deals.
In volatile movements on alternate bouts of buying and selling, silver ready ended the week lower by Rs 570 to Rs 40,470 and weekly-based delivery by Rs 1,660 to Rs 39,615 per kg.
On the other hand, silver coins spurted by Rs 1,000 to Rs 73,000 for buying and Rs 74,000 for selling of 100 pieces.
