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Friday, Aug 26, 2005

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Agri-Biz & Commodities - Commodities


Castorseed, sugar dip

Mumbai: Castorseed October contracts suffered a setback on the local oilseeds market on Thursday in the absence of continued support, a broker said.

The contracts were down Rs 22 to close at Rs 1,644 per quintal. Imported oils remained steady. Groundnut oil ready was down Rs 2 at Rs 486 per 10 kg. RBD palmolein was steady at Rs 364 per 10 kg. Soya refined oil imported was steady at Rs 350 per 10 kg. Castor oil commercial grade was unchanged at Rs 351 per 10 kg.

Sugar: Sugar spot prices fell further at the Vashi wholesale market on poor buying amid improved supply, a trader said.

Small grade (S-30) was down Rs 24 at Rs 1,809-1,846 per quintal over previous day. Medium grade (M-30) was down Rs 6 at Rs 1,860-1,910 per quintal over previous close.

Grains and pulses

New Delhi: Wheat dara and milling quality moved further to Rs 757-759 and Rs 759-761 per quintal down by Rs 2-3. Roller flour mill atta, maida and suji traded at easier prices of Rs 755-765, Rs 835-845 and Rs 860-870, each down by Rs 5 per bag. In pulses, urad and arhar each dropped by Rs 25 per quintal at Rs 1,825-2,000 and Rs 1,750-2,010 as per quality. Gram surged by Rs 30 per quintal at Rs 1,880-1,885 from the previous Rs 1,850-1,855, while gram M.P. traded at Rs 1,870-1,875 against Rs 1,840-1,845.

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