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Wheat maintained gaining spree on the wholesale commodity markets during the second Ramazan week as efforts to tame the foaming essential and fruits prices met with little success, sources said. Fluctuations were restructured to only few items such as plastic mouldings, wheat, guwar, raw rubber, irrigated etc etc.
While discussions raged about the holy month of Hide and seek playing prices in Ramazan, wheat rose further by Rs 40 to Rs 1265, guwar retreated twice inferior however was down once by Rs 25 to Rs 1775 and better cumulatively down by Rs 75 to Rs 1825, raw rubber RSSV up 50 paisa to Rs 47.50.
Pale Crape TPC 3 up Rs 2 to Rs 67, Latex, Singapore Semnan Tex up Rs 15 to Rs 355, and Thai GT up Rs 15 to Rs 355.
PLASTIC MOULDINGS: HDPE films Saudia 852 up Rs 2.25, to Rs 41.50, Mobil up Rs 2.50 to Rs 41.50, TR 144 up Rs 2.25 to Rs 41.25, HDPE injection Sabic 200056 up Rs 3 to Rs 43, Mobil 016 up Rs 2 to Rs 42, Thai up Rs 2 to Rs 42, HDPE Kuwait up Rs 2 to Rs 41, Marlex up Rs 2 to Rs 41, Iran up Rs 2 to Rs 41.
LLDPE W118 up Rs 2 to Rs 43, 7087 up Rs 2 to Rs 43, Sabic 500026 up Rs 3 to Rs 55, polypropylene film Thai up Rs 2 to Rs 44, Kuwait up Rs 2 to Rs 44, polypropylene tape grade India up Rs 2 to Rs 43, Kuwait up Rs 2 to Rs 43, Saudia up Rs 2 to Rs 43.
Polypropylene injection grade Saudia up Rs 2 to Rs 43.25 India up Rs 2.25 to Rs 43.25, Kuwait up Rs 2.25 to Rs 43.25, Polystyrene BASF up Rs 50 to Rs 3,300 Pakistani quoted at Rs 3043.
Copoly Block up Re 1 to Rs 50, Randon up Re 1 to Rs 48, High Impact Pakistani quoted at Rs 3150, BASF quoted at Rs 3400, ABS Polylac 707 up Rs 80 to Rs 3180, and Khumo up Rs 100 to Rs 3100. Irri White lost Rs 20 to Rs 1030, and better quoted at Rs 1035.
TEA PRICE END DURING THE WEEK MIXED: Kenyan tea PF-1 A grade down Re 1 to Rs 159, B grade down Rs 3 to Rs 142, Plus C grade up Rs 2 to Rs 134, BP-1 A grade down Re 1 to Rs 184, D-1 A grade down Rs 3 to Rs 185, B grade down Rs 2 to Rs 178, Bangladesh's Garden pack (original) down Re 1 to Rs 100, Khushbu down Re 1 to Rs 91, Garden Pack/BOP down Rs 2 to Rs 94, Tanzanian PF-1 (CTC) down Rs 2 to RS 148.
Til Sindh lost Rs 25 to Rs 1700, and Rs 1775, Castorseed Lasbela gained Rs 25 to Rs 725 and Rs 750, castorseed Sindh up Rs 25 to Rs 700 and better quoted at Rs 725, Masoor imported gained Rs 100 to Rs 3300 and better quoted at Rs 3400 per 100 kg, wheat continued surge by Rs 25 to Rs 1275 guwar fell sharply by Rs 125 to Rs 1675 and Rs 1750 for all stations.
FRIDAY'S: milk powder Germany's skimmed up Rs 250 to Rs 5050, Germany II up Rs 200 to Rs 5000, Irish Skimmed up Rs 700 to Rs 4500, Dairy Crest up Rs 200 to Rs 6100, Halla SMP up Rs 150 to Rs 3750, Euro held up Rs 250 to Rs 4000, Bailie Gold up Rs 100 to Rs 4000, Corolac up Rs 50 to Rs 4250 and Bale Vale up Rs 50 to Rs 400.
Wheat rose third time by Rs 30 to Rs 1280, Urad Burma quoted higher at Rs 925 due to high demand. Tuver Punjab and Sindh quoted lower at Rs 2065.

Copyright Business Recorder, 2004

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