Commodities' prices move both ways determined by supply, demand factors

A couple of essential items and plastic mouldings showed upsurge during the week, while some commodities deviled down for improved supplies during the week ended on April 16, 2011.
The week opening day on commodity wholesale markets showed both ways fluctuation such as makai was down by Rs 125 to Rs 2750 and Rs 2875, barley Sindh and Mardan shed Rs 400 to Rs 2500, Irri 6 Sindh low type stayed weekend level at Rs 3320, while better type rose by Rs 400 to Rs 3400, Irri white broken rose by Rs 150 to Rs 2800, while the other type lost Rs 50 to Rs 2850.
On Jodia Bazaar chemical items Rangolite C Indian rose by Rs 2 to Rs 89, hydrosulphite China 88pc rose by Rs 1.80 to Rs 75, and same item from Germany rose by Re 1 to Rs 43, acetic acid Taiwan rose by Rs 2 to Rs 90 and Korea ended higher by Rs 6 to Rs 88, hydrogen peroxide Descon 50pc rose by Rs 5 to Rs 66, Sitara rose by Rs 3 to Rs 64, Taiwan 35pc rose by Rs 3 to Rs 63 and Korean five percent rose by Rs 2 to Rs 63.
On Tuesday rapeseed Nawabshah rose by Rs 100 to Rs 2275 and Rs 2300, rapeseed Dadulane rose by Rs 150 to Rs 2100 and Rs 2150, rapeseed Mirpurlane was up by Rs 100 to Rs 2275 and Rs 2300, rapeseed cakes up Rs 5 to Rs 875 and Rs 880, cottoncake with bag better type lost Rs 10 to Rs 1390, while the low type was put at Rs 1350. Grams side had only one change in 50x50, which conceded Rs 100 to Rs 4900 and Rs 5100.
On Wednesday masoor Canada rose by Rs 200 to Rs 6200 and Rs 6300, masoor Dal Canada low type rose by Rs 300 to Rs 7800, while better type scaled up by Rs 200 to Rs 8000, urad Punjab low type gathered Rs 150 to Rs 3250, while better type gained Rs 100 to Rs 3300 and moong Punjab lower was quoted at Rs 8750. On rice side Irri 6 Sindh low type conceded Rs 20 to Rs 3300, while the other variety lost Rs 50 to Rs 3350.
On Jodia Bazaar chemical items per kg caustic soda cakes Saudi rose by Rs 6 to Rs 54, sodium sulphate rose by 50-paisa to Rs 15, N.J. Taiwan rose by Rs 12 to Rs 250, formic acid from Germany rose by Rs 4 to Rs 110, oxalic acid China ended Re 1 to Rs 68, citric acid from China rose by Rs 2 to Rs 122.
On Thursday wholesale commodity markets depicted firmer trend such as yellow peas rose by Rs 50 to Rs 3650 and Rs 5850, yellow peas dal Canada gained Rs 50 to Rs 4050 and Rs 4350, yellow peas Ukraine low type stayed put at Rs 3500, while better type gained Rs 50 to Rs 3750, yellow peas dal Ukraine gained Rs 50 to Rs 3975 and Rs 4175, gram Australia shed Rs 100 to Rs 4600 and Rs 4800, gram dal Australia yielded Rs 200 to Rs 5300 and Rs 5500, on the cereals side makai was quoted at Rs 2750, juwar recorded at Rs 2375 and Rs 2400, cotton cakes with bag in Sindh low type was quoted at Rs 1350, better type, which scaled up by Rs 10 to Rs 1400.
On Jodia Bazaar plastic mouldings (per lb) HDPE film Saudia 952 gained Rs 1.25 to Rs 76.25, TR 144 rose by 75-paisa to Rs 76.25, HDPE blow marlex Singapore rose by 75-paisa to Rs 78.50, grain quoted at Rs 74.50, LDPE 374 ended higher by 50-paisa to Rs 95, LLDPE W118 closed higher by 50-paisa to Rs 76.25, 7087 rose by 75-paisa to 76 polypropylene tape grade India rose by 75-paisa to Rs 90.75, Saudia up 75-paisa to Rs 76, polypropylene tape grade India up 75-paisa to Rs 90.75, Saudia up 75-paisa to Rs90.75, polypropylene injection grade Saudia rose by Rs 2 to Rs 92, and India rose by Rs 2.25 to Rs 93.00
On Friday prices were unchanged as leading participants were side lined, as they were busy in preparations for Juma prayers.
On Jodia Bazaar chemical items closed mixed. The changes were :.CHEMICALS (Per kg): PETROLEUM JELLY: DDBSA moved upward by Rs 10 to Rs 160 and PVA Japan closed higher by Rs 10 to Rs 250. RANGOLITE 'C' (Per pound): China finished up by Re 1 to Rs 84 and Germany was quoted at Rs 91. HYDROSULPHITE: China 88 percent went higher by Rs 2 to Rs 77. ACETIC ACID: Taiwan edged up by Rs 6 to Rs 96 and Korea moved upward by Rs 5 to Rs 93. HYDROGEN PEROXIDE: Descon 50 percent closed lower by Rs 3 to Rs 63.00, Sitara finished down by Rs 3 to Rs 61, Taiwan 35 percent moved downward by Rs 3 to Rs 60 and Korea 5 percent closed higher by Rs 2 to Rs 65.
On Saturday sluggish activity was seen as most of the buyers were sidelined due to little buying interest. Most of changes were seen on the seed side, rapeseeds Nawabshah and Mirpurlane low type shed Rs 125 to Rs 2150 and good types shed Rs 100 to Rs 2200, rapeseeds Dadulane followed suit, falling Rs 100 to Rs 2000-2050, rapeseeds cake low type gained Rs 5 to Rs 880 and better type was higher by Rs 10 to Rs 890. Cottonseeds oilcake with bag Sindh was down by Rs 10 to Rs 1340-1390. On the rice sector, Irri-6 Sindh low type retained its overnight level at Rs 3300, while the best type inched up by Rs 20 to Rs 3370, other types maintained the overnight levels in process of trading. Cereal and grams sides did not show any change due to balanced demand and supply factors.
On Jodia Bazaar Kenyan tea items closed mixed. The changes were : KENYAN TEA ITEMS (Per kg): PF-1 A grade finished lower by Rs 20 to Rs 430, B grade went down by Rs 10 to Rs 420, plus C grade moved upward by Rs 5 to Rs 400 and C grade finished higher by Rs 5 to Rs 355. D-1: A grade was quoted at Rs 450 and B grade went up by Rs 10 to Rs 410. TANZANIA: PFI (CTC) finished down by Rs 10 to Rs 290, BPI (CTC) moved lower by Rs 5 to Rs 260 and PD (CTC) closed higher by Rs 10 to Rs 225.