Sharp upwards trend in grams prices marks week's proceedings

The post-budget trading on the commodity wholesale markets will see reverse price line, was far below expectations, as certain essentials sustained most of the rise during the week ended on June 17, 2007 thus UTS consumers only would be able to console by the subsidy.
THE VARIATIONS WERE MARKED IN BAJRA, DAL BEETLE, IRRI SINDH 6, COTTON CAKES. CARDAMOM, ISBAGHOL, BLACK PEPPER, PLASTIC MOULDINGS ETC, REMAINING ITEMS WERE AS FOLLOWS: gram dal beetle low type gained Rs 25 to Rs 3000, the better type was stay put, Irri 6 Sindh inferior type lost Rs 10 to Rs 1630 while better type shed Rs 20 to Rs 1650, cotton cakes with bag turned Rs 10 lower to Rs 370 and better type was quoted at Rs 550. On Jodia Bazar kirana items (per 40 kg) nut-meg moved higher by Rs 50 to Rs 8,850, small cardamom moved down by Rs 100 to Rs 14,300 and Isbaghol Bhoosi quoted at Rs13,700.
On the opening session masoor Australia closed lower by Rs 100 to Rs 3300 and other type was quoted at Rs 3400, Irri 9 Sindh shed Rs 100 to Rs 2500 while the other type was quoted at Rs 2600, cotton seed oilcake with bag closed higher by Rs 10 to Rs 380 and other was quoted at Rs 560, cotton cakes low type gave away Rs 2 to Rs 390, and sugar, where hide and seek is usual, low type maintained higher level after gaining Rs 30 to Rs 2580 while better type rose by Rs 5 to Rs 2680.
ON THE JODIA BAZAE PLASTIC MOULDINGS HAD THE FOLLOWING VARIATIONS: HDPE film per lb Saudia 952 went by Re 1 to Rs 51 and Mobil closed higher by same amount to Rs 51 and TR144 closed higher by Re 1 to Rs 50.75, HDPE injection quoted at Rs 49, HDPE blow from Kuwait moved higher by Rs 1.25 to Rs 50.50, Marlex moved higher by Rs 1.50 to Rs 50.50, while Iran moved up by same amount to close also at the same level, polypropylene film Thai closed higher by Re 1 to Rs 49, India rose by Rs 1.50 to Rs 49.
Polypropylene, tape grade India moved higher by Re 1 to Rs 48, Kuwait up by Re 1 to Rs 48, and Saudia closed lower by Re 1 to Rs 48, polypropylene injection grade Saudia closed up by Re 1 to Rs 48, India was up Re 1 to Rs 48, however, Kuwait closed down by Re 1 to Rs 48, Copoly block rose by 50 paisa to Rs 51 and Random was quoted at Rs 53, AMS per bag Polylac 707 closed higher by Rs 50 to Rs 3450, and Iran rose by Rs 50 to Rs 3350.
On Tuesday, gram garda inferior type gained Rs 50 to Rs 2450, while the other type stayed put at Rs 2550, gram garda dal Punjab inferior type also gained same amount to Rs 2950, while other type was up by Rs 25 to Rs 3050, yellow peas Canada rose by Rs 100 to Rs 2300, the other type was quoted at Rs 2425 yellow peas dal Canada rose by Rs 225 to Rs 2600 while other type rose by Rs 200 to Rs 2700, beetle chana I inferior was quoted higher at Rs 2800, while the other type was quoted at Rs 2900, beetle 50x50 low type moved higher by Rs 50 to Rs 2575 while the other type rose by Rs 25 to Rs 2625, dal beetle better type was quoted higher at Rs 3100, the other type rose by Rs 50 to Rs 3200 and bajra inferior type lost Rs 25 to Rs 1325 while the other type rose by Rs 75 to Rs 1425.
On Jodia Bazar, black pepper from Singapore closed higher by Rs 500 to Rs 9800, big cardamom moved down by Rs 500 to Rs 9900, cloves shed Rs 100 to Rs 10,400, Isbaghol bhoosi rose by Rs 100 to Rs 13800 and cuminseed closed down by Rs 200 to Rs 5000.
On Wednesday, grain markets had some commodities going higher such as Irri-6 Sindh inferior type rose by Rs 20 to Rs 1650 while better type rose by Rs 30 to Rs 1680, sugar inferior type which fluctuates heavily, was down by Rs 30 to Rs 2550, while the other type was quoted at Rs 2680, makai inferior type gained Rs 25 to Rs 1175 and the other type stayed put.
On Thursday cotton cakes rose by Rs 20 to Rs 400 while better type was up Rs 40 to Rs 600, wheat old and new bardana rose by Rs 5 to Rs 1190 and other type quoted at Rs 1205. On Friday no change was reported from any markets.
On the weekend sources of various types of grams move higher sharply, other items almost stay put.