Weekly Market Report - Jaggery

Jaggery: The wholesale gur prices revealed a rising tendency in the national capital during the past week under review due to fall in supply from manufacturing areas against pick up in demand from retailers and stockists. 

Muzaffarnagar and Muradnagar gur market also remained firm on brisk buying and restricted supply. Higher neighbouring states advices and better retailers demand helped to pushed up trading sentiments to some extent.

Shifting of sugarcane supply to sugar mills for better yield was another boosting factor for the gur trading. In Delhi, gur pedi prices climbed from the last week's close of Rs 2,400-2,450 to Rs 2,450-2,500 per quintal. 

However, gur chakku, dhayya and shakkar prices maintained last week's levels of Rs 2,300-2,350, Rs 2,450-2,500 and Rs 2,550-2,600 per quintal, respectively in thin trade. 

At Muzaffarnagar, gur khurpa prices hardened by Rs 50 to Rs 2,000-2,050 against last week's close of Rs 1,950-2,000 per quintal.

Gur raskat remained in keen demand due to heavy buying by alcohol making industries and rose by Rs 50 to Rs 1,925-2,000 per quintal, while, gur chakku ruled flat on some support at Rs 2,050-2,250 per quintal. 

In Muradnagar, both gur dhayya and gur pedi quoted higher from Rs 2,100-2,150 to Rs 2,150-2,200 per quintal each.

Dry Fruits: The wholesale dry fruits market depicted a firm trend during the week with almond and cashew prices rising on the back of fresh buying by stockists and retailers. Tight stocks following restricted arrivals from producing regions also influenced the trading sentiments.

Market analysts said holding back of stocks by speculators amid negligible arrivals mainly helped the uptrend in select dry fruits prices. Almond (california) rose by Rs 100 to Rs 10,100 per 40 kg. Its kernel too strengthened by Rs 5 to Rs 355-365 from previous week's close of Rs 350-360 per kg.

Almond gurbandi and girdhi prices rose by up to Rs 100 to close at Rs 4,900-5,000 from Rs 4,800-4,900 and Rs 2,700-2,750 from Rs 2,650-2,700 per 40 kg, respectively.

Cashew kernel No 180, No 210, No 240 and No 320 gained up to Rs 10 to conclude at Rs 625-635, Rs 590-595, Rs 525-530 and Rs 440-460 per kg, respectively. 

Copra prices rose by Rs 100 to conclude at Rs 7,400-7,500 per quintal on buying support. Coconut powder traded higher at Rs 2,700-3,000 against previous mark of Rs 2,600-2,900 per 25 kg. 

Kishmish Indian yellow also increased by Rs 100 to finish at Rs 3,700-4,500 per 40 kg.  

On the other hand, pistachio irani, hairati and peshawari remained steady.

Kirana: Firm conditions prevailed on the wholesale kirana market in the national capital during the week, with black pepper and chilli leading the rally, on emergence of brisk buying by stockists and retailers.

Restricted arrivals from the growing regions also supported the upside in select commodity prices. 

Traders said apart from stockists and retailers buying, higher supplies from producing regions, also influenced the trading sentiment. Black pepper prices rose by Rs 300 to Rs 24,000-24,200 per quintal following firm advices from futures and producing market centres.

Cardamom brown (Jhundiwali and Kanchicut) surged by up to Rs 10 to Rs 1,000-1,010 and Rs 1,100-1,250 per kg, respectively. Kalaunji prices spurted by Rs 200 to settle at Rs 11,200-12,200 per quintal on brisk buying.

Red chilli prices rose by up to Rs 300 to conclude at Rs 6,700-12,400 per quintal on firm advices from futures market. 

Jeera common and jeera best quality also rose by Rs 100 per quintal each to conclude at Rs 15,100-15,200 and Rs 17,100-17,600 per quintal, respectively, on firm cues from Unjha and futures market.