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Weekly report

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Press Trust of India New Delhi

Dry Fruits: The wholesale market displayed a firm trend, as prices surged during the past week, on fresh buying by retailers and stockists and festive demand against restricted arrivals from producing regions.

Trading sentiment also bolstered by rising demand in domestic and fresh purchases by exporters. The price of almond (girdhi) rose by Rs 100 to closed to Rs 2,500-2,600 per 40 kg. 

Cashew kernel No 180, No 210, No 240 and No 320 rose by Rs 5 to settle at Rs 600-615, Rs 500-570, Rs 500-515 and Rs 435-470 and its kernel broken two or four pieces moved up by Rs 10 each to finish at Rs 410-420 and Rs 330-360 per kg, respectively due to domestic and export demand.

 

Copra and dry dates prices rose by Rs 100 each to conclude at Rs 5,700-5,800 and Rs 3,200-8,600 per quintal, respectively.

Coconut powder increased by Rs 50 to finish at Rs 2,200- 2,300 per 25 kg. Dry dates traded higher at Rs 3,600-8,000 against the previous mark of Rs 2,900-7,000 per quintal.

Walnut and its kernel prices surged up to Rs 100 to finish at Rs 110-170 and Rs 320-450 per kg. On the other hand, pistachio hairati and peshwari prices traded lower at Rs 1,050-1,175 and Rs 1,250-1,400 against the previous mark of Rs 1,130-1,210 and Rs 1,255-1,410 per kg, respectively.

Kirana: Select spices depicted a weak trend in the national capital during the week on stockists selling, against slowdown in buying activity at prevailing higher prices and closed with widespread losses. Sentiment turned weak on adequate stocks following increased arrivals.

Besides, subdued trend at producing belts also put pressure on the select spice prices, traders said.

Black pepper prices quoted lower at Rs 19,500-19,600 against the previous week's mark of Rs 20,000-20,100 per quintal. Cardamom brown (Jhundiwali and Kanchicut) declined up to Rs 75 to finish at Rs 715-725 and Rs 825-900 per kg.

Cardamom small varieties such as chitridar, colour robin, bold and extra bold fell up to Rs 55 to conclude at Rs 915- 1,030, Rs 1,020-1,030, Rs 1,040-1,050 and Rs 1,170-1,190 per kg, respectively.

Cloves prices traded lower at Rs 280-340 against last closing of Rs 285-350 per kg. Chirounji declined by Rs 20 to conclude at Rs 380-410 per kg.

Red chilli dropped in the range of Rs 300/600 to settle at Rs 4,800-9,500 per quintal. Jeera common and jeera best quality also traded lower at Rs 12,400-12,600 and Rs 13,800-14,300 compared with Rs 12,800 -13,000 and Rs 14,200-14,600 per quintal, respectively.

On the other hand, turmeric prices rose up to Rs 500 to settle at Rs 15,900-18,800 per quintal. Watermelon kernel prices also increased by Rs 15 to closed at Rs 170 per kg.

Sugar: Steady to slightly easy tendency witnessed in the wholesale sugar prices at national capital during the week under review following adequate stocks against restricted supply from mills. 

Marketmen said some of sugar mills prices softened due to increased supply along with withdrawal of support. 

Despite ongoing festive season, heavy arrivals from mills causing ample stocks in the market, caused the marginal fall in sugar prices, they quoted. 

In millgate ex-cluding duty section, sugar thanabhavan and budhana dipped by Rs 10 each to Rs 2,675 and Rs 2,670 per quintal. Mawana and dorala also slipped by Rs 10 each to Rs 2,690 and Rs 2,685 per quintal.

However, sugar ready medium and second grade prices somehow managed to held sugar prices around last week's closing levels on sporadic buying at Rs 2,840-2,940 and Rs 2,830-2,930 per quintal.

Mill delivery medium and second grade price also remained unchanged at Rs 2,640-2,740 and Rs 2,630-2,730 per quintal on some support.

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First Published: Oct 16 2010 | 3:37 PM IST

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