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Sharp rises were marked on the commodity wholesale markets in moong, gram Australia, urad, barley, gram Punjab, while some items fluctuated modestly, during the week ended on January 20, 2007.
SOME COMMODITIES THAT MISSED PRINTING WERE: milk powder, Euro Gold closed higher by Rs 150 to Rs 4850, Corollac also closed higher by Rs 100 to Rs 5000, Bale Vale scaled up by Rs 125 to Rs 4850, and Balie Gold quoted at Rs 650. Wheat Mexipak old and new both gave away Rs 5 to Rs 1210 and other Rs 1225.
On Monday, at Jodia Bazar changes were marked in Kenyan tea (per kg) PF-1 A grade closed higher by Rs 8 to Rs 194, B grade down by Rs 8 to Rs 172 and C grade retreated by Rs 3 to Rs 163, and C plus gained Re 1 to Rs 154, BP-1 A grade closed higher by Rs 4 to Rs 202, B grade shed Rs 2 to Rs 180, plus C grade edged higher by Rs 2 to Rs 172 and Grade C also went up by Rs 2 to Rs 167. Grain and seed markets remained closed on Monday on account of a senior member's death.
On Tuesday gram Australia rose sharply by Rs 125 to Rs 3300 and better quality was quoted higher at Rs 3450. Gram garda dal Punjab went up by Rs 200 to Rs 4200, and better type was quoted higher at Rs 4300. Beetle chana I closed higher by Rs 150 to Rs 3950, better one was quoted at Rs 4100. Beetle 50x50 gained Rs 150 to Rs 3700 and Rs 3850, dal beetle gained Rs 50 to Rs 4550 and better was quoted at Rs 4650, juwar however went down by Rs 65 to Rs 950 and better one quoted at Rs 955. On Jodia Bazar raw rubber from Ceylon (per lb) RSSV was quoted at Rs 62 and Pale Crape TPC 3 down by Rs 3 to Rs 72. Latex Semnan tex quoted at Rs same amount.
On Wednesday rising trend was sustained in grain marktes trading. Moong Punjab was up Rs 250 to Rs 4250,. Masoor Australia rose by Rs 200 to Rs 3100, Urad from Burma better type turned higher by Rs 50 to Rs 1750, while low type was quoted at Rs 1500, barley from both Sindh and Mardan rose by Rs 50 to Rs 1150. JB report transactions were not available.
ON THURSDAY GRAIN AND SEED MARKETS WERE DULL. IN JODIA BAZAR, CHANGES IN PLASTIC MOULDINGS WERE SEEN: HDPE FILM (PER LB): Saudia 952 closed with a loss of Re 1 to Rs 47, Mobil followed suit and was down by Re 1 to Rs 47, but TR144 loss was smaller by 50 paisa to Rs 46.50, HDPE injection: Sabic 200056 was down by 55 paisa to Rs 47.25, Mobil 016 ended down by 50 paisa to Rs 46.50, and likely was down by Re 1 to Rs 46, HDPE blow Marlex closed lower by 50 paisa to Rs 46.50, LDPE 374 closed lower by 75 paisa to Rs 50.25 MG 20 closed lower by Re 1 to Rs 54 and MG70 ended down by Re 1 to RS 54, LLDPE W118 quoted at Rs 47, polypropylene film Thai closed lower by 50 paisa to Rs 46, polypropylene film Thai closed lower by 50 paisa to Rs 46, Kuwait retreated by 50 paisa to Rs 46, polypropylene tape grade India shed 75 paisa to Rs 44.75, Kuwait ended lower by Re 1 to Rs 44.50, and Saudia shed Re 1 to Rs 44.50, polypropylene injection grade Saudia closed down Re 1 to Rs 44.50.
India lost same amount to Rs 44.50 and Kuwait closed lower by Re 1 to Rs 44.50, polystyrene BASF closed higher by Rs 150 to Rs 3000, and Pakistani quoted at Rs 2875, Copoly block shed 75 paisa to Rs 49, and Randon backed away by Re 1 to Rs 53, high impact (per bag) Pakistani quoted at Rs 2990 and BASF scaled up by Rs 100 to Rs 3100, ABS polylac 707 rose by Rs 10 to Rs 3360 and Iran was quoted at Rs 32.50.
ON FRIDAY GRAIN MARKETS REMAIN CLOSED: In Jodia Bazar changes were reported in (25 kgs) Euro Gold rose by Rs 50 to Rs 4900, Mix Me went up by Rs 100 to Rs 4,400, Balie Gold gained Rs 200 to Rs 4900/Bale Vale higher by Rs 50 to Rs 4900 and Corollac quoted Rs 5000.
On Saturday gam prices drifted lower as most of the traders kept to sidelines as rates were not matching with their psychological levels.

Copyright Business Recorder, 2007

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