Print Print edition: 2011-02-13

Prices move both ways on grain market

Published Updated

Prices moved both ways on the wholesale grains and seed market on Saturday in process of trading, dealers said. Prices were firm on the rice sector on the back of strong export orders, therefore, Irri-6 Sindh low type held overnight level at Rs 3175 while the best quality inched up with a gain of Rs 25 to Rs 3225, they said.
According to reports, in the first seven months of current fiscal year, rice exports crossed one-billion-dollar mark on the back of rising paddy price on the world market. On the cereal side makai low type gained Rs 75 to Rs 2700 and better quality was higher by Rs 100 to Rs 2750. Wheat old Burdan was quoted higher at Rs 2645 and wheat new Burdan was registered at Rs 2660. Gur low shed Rs 200 to Rs 4800 and best quality also followed the same pattern, losing Rs 300 to Rs 5700, they said.
On the grams side prices of gram 50x50, after maintaining a firm trend for several weeks, fell by Rs 100 to Rs 5600-5800, yellow peas Canada low type, however, gained Rs 100 to Rs 3700 and good type also rose by Rs 150 to Rs 3900, yellow peas dal Canada followed the same pattern, low type picked up Rs 100 to Rs 4200 and good type was up by Rs 150 to Rs 4400, yellow peas Ukraine low quality gained Rs 100 to Rs 3600 and best type also higher by Rs 150 to Rs 3800, yellow peas dal Ukraine low type retained its overnight level at Rs 4100 while the best type appreciated by Rs 150 to Rs 4300, they said On the seed side cottonseed oilcake with bag Sindh inferior type held its overnight level at Rs 1240 while the good type gained Rs 15 to Rs 1280, other items managed to hold the last levels, they added.