Select edible oils continued their upward trend for the second straight week at the wholesale oils and oilseeds market on sustained buying by vanaspati millers to meet the rising demand from retailers against tight supplies from producing regions.
Castor oil in the non-edible section, also strengthened on increased offtake by consuming industries.
Marketmen said persistent buying by vanaspati millers to meet rising demand from retailers against tight stocks position on restricted supplies from producing belts mainly kept select edible oil prices higher.
In the national capital, groundnut mill delivery (Gujarat) oil soared by Rs 400 to Rs 13,300 per quintal.
Mustard expeller (Dadri) oil rose by Rs 150 to Rs 8,750 per quintal.
Mustard pakki and kachi ghani oils followed suit and traded also higher by Rs 50 each to Rs 1,400-1,450 and Rs 1,450-1,550 per tin, respectively.
Palmolein (RBD) and palmolein (Kandla) oils also edged up by Rs 50 each to Rs 5,850 and Rs 5,900 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils too ended higher by a similar margin to to Rs 6,750 and Rs 6,450 per quintal, respectively.
Among non-edible oils, castor oil rose by Rs 50 to Rs 9,650-9,750 per quintal, while linseed oil declined by Rs 50 to Rs 9,750 per quintal.
Grains: The wholesale grains market depicted a mixed trend
during the week as rice basmati and wheat prices drifted lower owing to slackened demand, while a few other bold grains firmed up on increased offtake by consuming industries.
Traders said low demand from retailers against ample stock position mainly kept pressure on rice basmati.
Reduced offtake by flour mills mills helped wheat prices trade lower, they said.
In the national capital, rice basmati common fell by Rs 100 to Rs 5,600-5,800, while Pusa-1121 variety held steady at Rs 4,500-5,400 per quintal, respectively.
Wheat dara (for mills) also shed Rs 5 at Rs 1,775-1,780 per quintal. Atta chakki delivery followed suit and enquired lower by a similar margin to Rs 1,785-1,790 per 90 kg.
Other bold grains like bajra rose by Rs 30 to Rs 1,560-1,570 per quintal. Jowar yellow and white moved up by Rs 50 each to Rs 1,950-2,050 and Rs 3,550-3,650 per quintal, respectively.
Pulses: In a mixed pattern of trading, kabuli gram and
gram maintained their rising streak for yet another week at the wholesale pulses market as speculators indulged in widening their positions, triggered by tight stocks position against strong demand.
However, a few other pulses slipped to end lower as demand from retailers eased at prevailing levels amid an improvement in supplies in the market after the government took a series of steps to curb rising prices.
Traders said speculative buying, driven by paucity of ready stocks in the market on restricted supplies against rising demand, kept kabuli gram and gram prices firm.
India is exploring the possibility of importing pulses from Afghanistan to boost domestic supply and control retail prices that have soared up to Rs 200 per kg.
India has recently signed an MoU with Mozambique to double import of tur and other pulses from the African nation to 2 lakh tonnes per annum in next five years.
India has imported over 7 lakh tonnes of pulses during April-May of this fiscal to meet domestic demand.
Meanwhile, the Income Tax department has conducted searches in various states, including Gujarat and Maharashtra, on the premises of pulses traders, the government said on Friday.
In the national capital, kabuli gram small variety advanced to Rs 10,000-10,500 as compared to previous week's level of Rs 10,000-10,200 per quintal.
Gram, gramdal local and best quality also strengthened to Rs 8,800-9,300, Rs 9,000-9,200 and Rs 9,300-9,400 against last close of Rs 8,400-8,900, Rs 8,600-8,800 and Rs 8,900-9,000 per quintal, respectively.
Besan shakti bhog and Rajdhani traded higher at Rs 3,900 and Rs 3,700 each per 35 kg bag.
On the other hand, arhar and its dal dara variety which remained steady for the major part of week, met with resistance at the fag-end and slipped to Rs 8,500 and Rs 11,300-13,000 from previous week's closing of Rs 8,850 and Rs 11,600-13,300 per quintal, respectively.
Moong and its dal chilka local fell by Rs 200 each to Rs 5,500-6,100 and Rs 6,050-6,450 per quintal. Its dal dhoya local and best quality traded lower by a similar margin to Rs 6,450-6,950 and Rs 6,950-7,150 per quintal.
Masoor small and bold shed Rs 50 each to Rs 6,150-6,450 and Rs 6,200-6,500 per quintal, respectively.
Its dal local and best quality followed suit and edged down by a similar margin to Rs 6,650-7,150 and Rs 6,750-7,250 per quintal, respectively.
Moth declined by Rs 200 to Rs 5,300-5,700 per quintal.
Urad and its dal chilka local followed suit and eased by Rs 200 each to Rs 10,100-11,600 and Rs 10,400-10,500 per quintal.
Its dal best quality and dhoya traded lower by the same margin to Rs 10,500-11,000 and Rs 10,900-11,200 per quintal, respectively.
Sugar: Buoyed by strong demand from retailers as well as
bulk consumers and fall in supplies from mills, sugar prices rose by up to Rs 30 per quintal at the wholesale sugar market during the week in the national capital during the week under review.
Besides, a firming trend at futures trade and reports of a similar trends in global markets also supported the upside in the sweetener prices.
Traders said brisk buying by retailers, stockists and bulk consumers such as soft-drink and ice-cream makers, driven by summer season demand and ahead of festive season, mainly attributed to the rise in sugar prices.
Besides, tight supplies following diversion of routes in view of ongoing auspicious 'Kanwar-Yatra', too influenced the sweetener prices.
In the national capital, sugar mill delivery M-30 and S-30 prices went up by Rs 30 each to finish the week at Rs 3,520-3,640 and Rs 3,510-3,630 per quintal.
Likewise, sugar ready M-30 and S-30 too traded higher by Rs 20 each to conclude the week at Rs 3,840-3,900 and Rs 3,830-3,890 per quintal, respectively.
In the millgate section, sugar Kinnoni, Asmoli and Sakoti advanced by Rs 30 each to settle at Rs 3,640, Rs 3,610 and Rs 3,560 per quintal.
Sugar Dorala, Budhana, Thanabhavan, Khatuli, Dhanora and Dhampur also gained Rs 25 each at Rs 3,590, Rs 3,585, Rs 3,575, Rs 3,625, Rs 3,575 and Rs 3,565 per quintal, respectively.
Prices of Mawana, Simbholi and Chandpur rose by Rs 20 each to Rs 3,600, Rs 3,630 and Rs 3,550, while Anupshaher and Nazibabad went up by Rs 10 each at Rs 3,520 and Rs 3,530 per quintal.
Jaggery: A firm trend emerged in gur (Jaggery) at the
wholesale market in the national capital during the week under review largely supported by speculative buying, triggered by paucity of stocks following negligible arrivals and prices went up by Rs 200 per quintal.
Muzaffarnagar and Muradnagar gur markets also ended higher and prices spurted by up to Rs 250 per quintal.
According to marketmen, besides speculative buying by stockists and retailers, fall in arrivals from manufacturing areas due to adverse weather conditions and diversion of routes in view of ongoing auspicious 'Kanwar-Yatra', mainly influenced gur prices.
In Delhi, shakkar prices spurted by Rs 200 to settle the week at Rs 4,300-4,400 per quintal.
Followed by gur Chakku, pedi and Dhayya rose by Rs 100 each to finish the week at Rs 3,800-3,900, Rs 4,000-4,100 and Rs 4,100-4,200 per quintal, respectively.
At Muzaffarnagar, gur Raskat prices too went up by Rs 250 at Rs 3,300-3,400 per quintal on brisk demand from beer makers.
Prices of gur Chakku hardened by Rs 150 during the week to end at Rs 3,550-3,650 per quintal.
Coming to Muradnagar, prices of gur pedi were higher by Rs 200 to conclude the week at Rs 3,700-3,800 per quintal.
However, trading in gur Khurpa and Laddoo in Muzaffarnagar and Dhayya in Muradnagar could not take place due to negligible stocks position.
Dryfruits: Led by almond and walnut, dryfruit prices edged
higher at the wholesale market during the period on increased buying by stockists and retailers, supported by rising domestic and export demand.
Tight stocks following restricted arrivals from producing regions and overseas markets too influenced prices.
Sentiment remained firm mostly on increased offtake by stockists and retailers, triggered by domestic and export demand, market participants said.
Almond (California) prices rose by Rs 100 to Rs 16,600-16,800 per 40 kg, while its kernel spurted to Rs 585-595 from previous closing of Rs 580-590 per kg.
Almond gurbandi and girdhi prices were higher by Rs 100 each to conclude at Rs 11,100-11,500 and Rs 5,300-5,500 per 40 kg, respectively.
Cashew kernel No 180, No 210, No 240 and No 320 rose up to Rs 30 to settle at Rs 925-950, Rs 850-860, Rs 750-775 and Rs 700-725 per kg, respectively.
Its broken pieces (2, 4 and 8 pieces) also gained Rs 10 each at Rs 580-660, Rs 550-645 and Rs 535-620 per kg, respectively.
Copra prices increased by Rs 100 to conclude at Rs 9,100-11,100 per quintal.
Coconut powder traded higher at Rs 2,650-2,750 against previous closing of Rs 2,600-2,700 per 25 kg.
Kishmish Indian yellow and green rose by Rs 100 each to finish at Rs 2,800-4,500 and Rs 5,000-9,000 per 40 kg.
Pistachio hairati and peshwari prices rose by Rs 5 each to end at Rs 1,145-1,205 and Rs 1,355-1,430 per kg, respectively.
Walnut and its kernel prices also traded higher at Rs 300-460 and Rs 850-1,200 against previous week's closing of Rs 290-450 and Rs 840-1,090 per kg.
Kirana: Black pepper and jeera recorded rise at the
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, driven by rising demand 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 moved up by Rs 10 to conclude at Rs 730-860 per kg on brisk buying by exporters amid tight supplies from Karnataka.
Cardamom brown --Jhundiwali and Kanchicut -- prices rose by Rs 10 each to conclude at Rs 1,330-1,340 and Rs 1,360-1,590 per kg, respectively.
Cardamom small varieties such as chitridar, colour robin, bold and extra bold surged up to Rs 20 to conclude at Rs 650-825, Rs 620-630, Rs 660-675 and Rs 760-770 per kg, respectively.
Prices of cloves rose by Rs 5 to close at Rs 565-665 per kg in view of tight supply amid higher demand.
Chirounji prices went up by Rs 10 to finish at Rs 500-675 per kg.
Coriander (inferior quality) rose by Rs 200 to conclude at Rs 8,200-14,200 per quintal.
Kalaunji prices increased by Rs 500 to finish at Rs 20,000-20,500 per quintal.
Mace red and yellow rose by Rs 10 each to end at Rs 700-880 and Rs 1,070-1,080 per kg, respectively.
Poppyseed (Turkey, UP and MP-RAJ) prices went up by Rs 10 each to conclude at Rs 335-340, Rs 340-345 and Rs 360-390 per kg, respectively.
Red chilli and turmeric prices increased by Rs 100 each to close at Rs 9,800-18,800 and Rs 9,300-13,000 per quintal, respectively.
Jeera common and best quality also rose Rs 200 each to conclude at Rs 19,200-19,400 and Rs 21,500-22,000 per quintal in view of restricted arrivals from producing belts amid pick-up in domestic and export demand.
