Print Print edition: 2012-02-26

Grams prices shoot up on grain market

Published Updated

Grams prices went up steeply on the wholesale grain market on Saturday amid rising fears of short supply in the coming days, dealers said.
On the grams side, grams Australia No 1 low type gained Rs 1400 to Rs 7600 and good type was higher by Rs 1000 to Rs 7900, grams Australia No 1 dal showed same pattern, gaining Rs 1700 to Rs 9000 and the best type rose by Rs 1800 to Rs 9300, grams 50x50 low type appreciated by Rs 1600 to Rs 8700 and good type was higher by Rs 1700, yellow peas Canada low type gained Rs 750 to Rs 4800 and the best quality was up by Rs 550 to Rs 5000, yellow peas Canada dal picked up Rs 550 to Rs 5300-5500, yellow peas Ukraine also gained Rs 500 to Rs 4600-4800 and yellow peas Ukraine dal picked up the same amount to Rs 5100-5300, they said.
On the cereal side gur low type gained Rs 200 to Rs 3700 and best quality was up by Rs 300 to Rs 4800, guwar Sindh and Punjab both appreciated by Rs 1500 to Rs 18000-19000 due to higher demand amid shortage, they said. Other items held the overnight levels, they said. Only change was seen on the seed side, where cottonseeds oilcake with bag Sindh low type did not move any side and remained at Rs 500 while the good type was up by Rs 100 to Rs 700, they said.