Castor oil commercial and FSG qualities improved by Rs 4 each to Rs 327 and Rs 339 per 10 kg on improved industrial demand against limited inflows. Copra oil white firmed up by Rs 5 at Rs 380 per 10 kg on improved offatke against restricted availability of ready stock.
Imported RBD palmolein looked up by Rs 3 at Rs 216 per 10 kg on reduced supplies of imported stock, while imported soya oil refined held steady at Rs 230 per 10 kg on narrow movements.
Castorseeds September contract remained untraded yesterday. December contract opened Rs 14 up at Rs 1,339 a quintal and firmed up to Rs 1,367. It declined to Rs 1,339 before closing to Rs 1365 on speculative movements.
RBD palmolein contracts October, November and December remained untraded yesterday. Castor oil international August contract remained untraded yesterday, while October contract opened Re 1 lower at Rs 333 per 10 kg and ruled steady at the same level.
Castorseeds improved by Rs 20 to Rs 1,485 per quintal on better industrial interest against modest arrivals from the producing centres. Meanwhile, all the other oilseeds ruled overall steady on narrow movements.
Sugar : A firm trend witnessed at Turbhe, wholesale sugar market at Navi Mumbai, yesterday. Both the grades ruled firm. A better demand led firm trend in sugar prices.
Small-grade sugar (S-30) improved to Rs 1,545-1,560, a quintal against its previous level of Rs 1,535-1,560, on firm consumer demand against modest inflows. Medium-grade (M-30) looked to Rs 1,565-1,585 a quintal against its previous level of Rs 1,550-1,580.
Consumer demand was modest against normal supply position. Sugar prices for check-post were quoted lower at Rs 1525-1535 a quintal for S-30 grade and Rs 1550-1555 for the medium grade yesterday.
Non-ferrous metals : Copper firmed up, while all the metals ruled overall steady in the non-ferrous metals at the local market yesterday. Metals in both the sections ruled steady. The demand was modest against normal supply position.
In scraps, copper heavy scraps looked up by 50 paise at Rs 124 a kg on short supplies against better industrial enquires. Meanwhile, all the metals ruled overall steady and were nominally quoted as under : copper utensils Rs 104.50, brass utensils Rs 92, brass sheetcuttings Rs 102 and aluminium utensils Rs 75 a kg respectively on narrow movents.
In virgins, copper wirebar firmed up by 50 paise at Rs 144 a kg on better industrial demand and reduced supplies from the upcountry centres.
Meanwhile, all the metals ruled overall steady and were nominally quoted as under : aluminium ingots Rs 92, zinc slabs Rs 90, lead ingots Rs 36, tin slabs Rs 370 and nickel cathodes Rs 525 a kg respectively on narrow movements.
Bullion : A mixed trend witnessed in precious metals prices at the local bullion market yesterday. Silver ruled firm, while gold ruled overall steady.
Silver .999 and .916 looked up by Rs 10 each to Rs 8,030 and Rs 7,900 a kg respectively on strong upcountry advices coupled with modest industrial demand.
Standard gold and 22 carat gold prices held overall steady and were nominally quoted to Rs 4,530 and Rs 4,190 per 10 gm respectively on steady overseas advices and modest local offtake.
Gold biscuits prices ruled steady too and were qoted at Rs 52,900 per piece on moderate offtake and normal inflows of stock.
