Groundnut, mustard oils down in mixed trend

In a mixed pattern of trading, prices of groundnut and mustard oils drifted lower at the wholesale oils and oilseeds market during the week due to reduced offtake against sufficient stocks.
However, palmolein and soyabean oils edged up on scattered demand.
Linseed and castor oils in the non-edible section, also showed some strength on pick up in demand from consuming industries.
Marketmen said subdued demand against adequate stock position on increased supplies from producing regions mainly kept pressure on groundnut and mustard oil prices but mild demand from retailers helped palmolein and soyabean oils to close in positive zone.
In the national capital, groundnut mill delivery (Gujarat) oil dropped further by Rs 400 to Rs 11,600 per quintal, while groundnut solvent refined held steady at Rs 1,900-1,950 per tin.

Mustard expeller (Dadri) oil also declined by Rs 50 to Rs 8,700 per quintal.

On the other hand, palmolein (RBD) and palmolein (Kandla) oils inched up by Rs 50 each to Rs 5,850 and Rs 5,900, while crude palm oil (ex-kandla) traded higher by a similar margin to Rs 4,600 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils too ended higher by a similar margin to Rs 6,650 and Rs 6,350, per quintal, respectively.
In the non-edible section, linseed oil strengthened by Rs 50 to Rs 9,900 per quintal on rising demand from paint industries in view of festive season.

Grains: Wheat maintained its upward trend for yet another
week at the wholesale grains market due to persistent demand from flour mills against tight stocks position on fall in supplies from producing regions.
However, rice basmati finished lower on subdued demand against sufficient stocks position.
Marketmen said besides increased demand from flour mills, tight stocks position in the market on fall in arrivals mainly kept wheat prices higher.
Firming trend in wheat prices at futures trade also supported the upmove, they said.
In the national capital, wheat dara (for mills) and wheat MP (desi) advanced to Rs 2,050-2,055 and Rs 2,490-3,025 from previous week's levels of Rs 1,890-1,895 and Rs 2,320-2,855 per quintal, respectively.

Chakki delivery followed suit and traded higher at Rs 2,060-2,065 against last close of Rs 1,900-1,905 per 90 kg.
Atta flour mills, maida and sooji also settled higher at Rs 1,110-1,120, Rs 1,230-1,240 and Rs 1,300-1,325 as compared to previous close of Rs 1,010-1,015, Rs 1,100-1,110 and Rs 1,210-1,215 per 50 kg, respectively in line with a wheat trend.
Other bold grains like bajra moved up by Rs 30 to Rs 1,330-1,335 per quintal.
Pulses: Weak conditions prevailed at the wholesale pulses
market during the week with prices of select pulses led by gram and arhar plunging by up to Rs 800 per quintal owing to slackened demand from retailers at prevailing levels amid ample stocks position on increased supplies after the government took steps to check rising prices.

Marketmen said ample stocks position following an improvement in supplies in the market after the government's measures to check rising prices, put brake on soaring gram, arhar and other pulses prices.
Besides, easing demand from retailers at current levels also dampened sentiments, they said.
Meanwhile, the government agencies have so far procured 34,546 tonnes of moong and urad dals directly from farmers for its buffer stock to be used later to boost supply in the open market and curb price rise.
In the national capital, gram suffered the most by plunging Rs 800 to Rs 10,200-10,700 per quintal. Its dal local and best quality followed suit and slipped by Rs 300 each to Rs 11,000-11,300 and Rs 11,400-11,500 per quintal, respectively.

Arhar and its dal dara variety dropped by Rs 500 each to Rs 6,300 and Rs 8,200-10,000 per quintal, respectively.
Urad and its dal chilka local moved down by Rs 200 each to Rs 7,250-8,850 and Rs 7,700-7,800 per quintal. Its dal best quality and dhoya enquired lower by a similar margin to Rs 7,800-8,300 and Rs 8,200-8,500 per quintal.
Moong and its dal chilka fell by Rs 200 each to Rs 5,200-5,800 and Rs 5,700-6,000 per quintal. Its dal dhoya local and best quality traded lower by a similar margin to Rs 6,300-6,800 and Rs 6,800-7,000 per quintal.
Masoor small and bold declined by Rs 200 each to Rs 5,300-5,500 and Rs 5,350-5,550 per quintal. Its dal local and best quality eased by the same margin to Rs 5,750-6,250 and Rs 5,850-6,350 per quintal.

Sugar: The slide in sugar prices continued unabated for
the second straight week at the wholesale market in the national capital following persistent arrivals from mills triggered by reduced offtake from stockists and bulk consumers, adding other losses of Rs 50 per quintal.
According to marketmen the fall in sweetener prices was attributed to steady inflow of supplies from mills in view of ongoing festivals and fall in demand from bulk consumers.
Sugar ready M-30 and S-30 prices slipped by another Rs 50 each to end the week at Rs 3,850-4,100 and Rs 3,840-4,090 per quintal.
Mill delivery M-30 and S-30 also lost another Rs 30 each to Rs 3,570-3,770 and Rs 3,560-3,760 per quintal, respectively.

In the millgate section, sugar Dhampur lost the most by Rs 40 at Rs 3,570, while chandpur, dorala, morna, dhanora, khatuli, ramala, baghpat and anupshaher fell again by Rs 30 each to Rs 3,570, Rs 3,640, Rs 3,570, Rs 3,610, Rs 3,770, Rs 3,570, Rs 3,580 and Rs 3,570.
Jaggery: The wholesale gur (Jaggery) market extended the
subdued trend for the third consecutive week in the national capital, dragged down by mounting stocks on increased arrivals amid scattered buying by stockists and retailers, registering losses by up to Rs 400 per quintal.
Muzaffarnagar and Muradnagar gur markets also displayed a weak trend on dumping of new stocks by manufacturers against restricted buying, pulling down prices by up to Rs 525 per quintal.

Marketmen said persistent fall in gur prices mainly attributed to huge stocks following increased arrivals from manufacturing belts against slackened buying by stockists and retailers.
Besides, lower advices from neighbouring states too dampened the trading sentiments, they added.
In Delhi, gur chakku suffered the most by falling Rs 400 per quintal to close the week at Rs 2,900-3,000, followed by shakkar Rs 200 at Rs 3,400-3,500 per quintal.
Gur pedi and dhayya also dropped by Rs 100 each to end the week at Rs 3,200-3,300 and Rs 3,400-3,500 per quintal, respectively.
At Muzaffarnagar, gur chakku prices nosedived by Rs 525 to finish at Rs 2,600-2,850 as compared to last week's close of Rs 2,950-3,375 per quintal.

Gur khurpa plunged by Rs 250 to end the week at Rs 2,550-2,650, while laddoo prices dropped by Rs 100 to settle at Rs 2,850-3,000 per quintal, respectively.
Gur raskat prices also showed a sharp fall of Rs 250 during the week at Rs 2,600-2,650 on sluggish demand from beer makers amid regular supplies.
Dryfruits: Firm conditions persisted at the wholesale
dryfruits market during the week with almond and walnut prices rising, supported by uptick in demand from retailers and stockists, driven by ongoing festive season.
Further, tight stocks following restricted arrivals from producing regions also influenced the sentiment.
Marketmen said apart from festive season demand, holding back of stocks by speculators on hopes of further rise in prices also supported the upside.

Prices of almond (California) rose by Rs 500 to conclude at Rs 16,400-16,600 per 40 kg, while its kernel strengthened to Rs 585-605 from previous closing of Rs 570-590 per kg.
Almond gurbandi and girdhi also traded higher at Rs 12,100-12,600 and Rs 5,700-5,900 against previous closing of Rs 12,000-12,500 and Rs 5,600-5,800 per 40 kg, respectively.
Chilgoza roasted increased by Rs 50 to finish at Rs 1,350-2,100 per kg.
Cashew kernel No 180, No 210, No 240 and No 320 gained Rs 10 each to conclude at Rs 1,090-1,110, Rs 980-1,000, Rs 880-900 and Rs 800-820, while its broken (2, 4 and 8 pieces) also increased by Rs 5 each to finish at Rs 710-770, Rs 685-750 and Rs 595-665 per kg, respectively.

Kishmish Indian yellow and green prices advanced up to Rs 300 to finish at Rs 3,200-4,900 and Rs 5,500-12,500 per 40 kg.
Pistachio hairati and peshawari increased by Rs 5 each to conclude at Rs 1,215-1,330 and Rs 1,430-1,535 per kg.
Kirana: Prices of select spices, pepper and jeera rose at
the wholesale kirana market during the week, mostly supported by rising demand from local parties and exporters against tight stocks following fall in supplies from producing belts.
Market analysts said apart from fall in supplies from producing regions, pick-up in demand from retailers and exporters also influenced trading sentiment.

Black pepper prices traded higher at Rs 720-850 against previous close of Rs 710-840 per kg on higher export demand.
Cardamom brown-jhundiwali and kanchicut rose Rs 50 each to settle at Rs 970-990 and Rs 1,030-1,250 per kg.
Cardamom small varieties such as chitridar, colour robin, bold and extra bold prices edged higher up to Rs 70 to close at Rs 925-1,050, Rs 820-830, Rs 860-870 and Rs 960-980 per kg, respectively.
Coriander (superior quality) increased by Rs 300 to conclude at Rs 7,600-13,600 per quintal.
Dry ginger and kalaunji prices were higher by Rs 500 each to conclude at Rs 14,500-20,500 and Rs 19,500-20,000 per quintal, respectively.

Mace-red traded higher at Rs 750-1,020 instead of Rs 725-1,000 per kg.
Red chilli and turmeric prices traded higher at Rs 9,500-18,500 and Rs 8,000-11,800 against previous close of Rs 9,400-18,400 and Rs 7,900-11,700 per quintal, respectively.
Bullion: Driven by Dhanteras and Diwali festival buying activity, gold continued its upward journey for yet another week and prices went up by another Rs 230 to Rs 30,750 per 10 gram at the bullion market in the national capital.
Moreover, a firm trend in the global market prompted more consumers to buy.
On the other side, silver after moving both ways on alternate bouts of buying and selling, finally settled flat at Rs 43,000 per kg.

Traders said sentiment remained firm on continued buying by jewellers to meet festive and wedding season demand at domestic spot market amid a firm global market.
Globally, gold ended the week higher at USD 1,274.70 an ounce and silver at USD 17.73 an ounce in New York.
In the national capital, gold of 99.9 and 99.5 per cent purity commenced lower at Rs 30,415 and Rs 30,265 per 10 gram on lack of buying support.
Later, it found buying support from jewellers, triggered by festive and wedding season demand along with a firm global trend and climbed to settle at Rs 30,750 and Rs 30,600 per 10 gram, respectively, showing a rise of Rs 230 each.

Sovereign also traded higher by Rs 100 to Rs 24,500 per piece of eight gram.
Silver ready after moving between gains and losses, finally settled at previous level of Rs 43,000 per kg.
Silver weekly-based delivery, however, ended higher by Rs 40 to Rs 42,540 per kg.
Silver coins spurted by Rs 1,000 to Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces on upsurge in festive season demand.