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The most essential items on the wholesale commodity markets cried hoarse about sharp rise which begged for attempt by authorities to check devastating push higher. The powdered milk and pulse led the rise during the week ended on May 26, 2007.
Unpolished some left out item were Jute goods twine (per kg) 20x3 brown finished lower by Rs 5 to Rs 58, 16x3 CRT/Indus rose by Rs 5 to 58,8x3 went down by Rs 2 to Rs 72 and 40x2 brow finished lower by Rs 6 to Rs 5. And, elsewhere gram Punjab ended down by Rs 52 to Rs 2375, on govt move to restrict export. Better type lost Rs 50 to Rs 2500. Irri 6 Sindh better type turned down by Rs 20 to Rs 1550, the inferior type shed Rs 5 to Rs 2775.
On Monday juwar shed Rs 50 to Rs 1150 while better type was quoted at Rs 1160. Makai wentdown by Rs 25to Rs 1275 while better type was qouted atRs 1300. Mooing Sindh closed lower by Rs 150 to Rs 3750, masoor Canada down by Rs 50 to Rs 3350, masoor dal shed Rs 100 to Rs 3800 while better type was quoted at Rs 3900. Sugar prices showed weakening trend which lost on the day Rs 25 to Rs 2650 and better type was quoted at Rs 2700 and gur lost Rs 100 to Rs 2100 and better type was unchanged at Rs 2800. Irri white broken both types shed Rs 50 to Rs 1375 and better type quoted at Rs 1300.
On Jodia Bazar milk skimmed (per bag) 25 kg Nurpur closed with a gain of Rs 1200 to Rs 6000. Euro Gold rose by Rs 400 to Rs 6500. Corolac finished higher by Rs 400 to Rs 6300. Bale vale went up by Rs 400 to Rs 6500, Melco veg gained Rs 600 to Rs 6400 sweetened (per carton) Polac finished higher by Rs 50 to 1800 and lucky boy rose by Rs 125 to Rs 1875.
On Tuesday plastic mouldings (per pound) showed both ways movement such as HDPE film Saudia 952 finished higher by Re 1 to Rs 48.50. Mobil finished higher by Rs 1.25 to Rs 48.50 and TR 144 closed higher by Re 1 to Rs 48. HDPE injection Sabic 200056 closed lower by Rs 3 to Rs 53. HDPE blow Marlex gained 50 paisa to Rs 48, and Iran was up by same amount to Rs 48.
LDPE 374 finished down by Re 1 t Rs 52 MG 20 finished lower by Re 1 to Rs 54 and MG 70 quoted at Rs 55. LLDPE W118 finished up 50 paisa to Rs 49, 7087 finished higher by Re 1 to Rs 48. Polypropylene film Kuwait gained 50 paisa to Rs 46.50, polypropylene tape grade India went up by 25 paisa to Rs 45.25, Kuwait finished higher by RS 25 paisa to Rs 45.25 Saudia gained higher 25 paisa to Rs 45.25.
Polypropylene injection grade higher by 50 to Rs 45.50, India up same amount to Rs 45.50 and Kuwait up by 50 paisa to Rs 45.50. Elsewhere a couple of change in rapeseed Mirpur low type ended lower by Rs 10 to Rs 1020 while better type was put at Rs 1050, til Sindh turned sharply lower by Rs 125 to 1575 and better type was quoted at Rs 1725.
On Wednesday Jodia Bazar commodities fluctuations were not received. Wholesale commodities market showed masoor from Australia rose by Rs 100 to Rs 3400 while better type was up by Rs 50 to Rs 3500. Guwar Punjab low type shed Rs 25 to Rs 1175 while better type went down by Rs 20 to Rs 1225, til Sindh better type rose by Rs 50 to Rs 2000 while no change was marked in the inferior type.
On Thursday bajra rose sharply by Rs 125 to Rs 1325, better type was put at Rs 3200 cotton cakes with bag low type dropped Rs 50 to Rs 400 while better type was quoted at RS 600. On J odia Bazar raw rubber Ceylon (per LB) RSSV moved higher by Rs 6 to Rs 73, pale crap TPC was quoted at Rs 76, latex seminar Tex closed higher by Rs 35 to Rs 520 and Thai (G.T) ended higher by Rs 35 to Rs 520.
On Friday milk powder sector showed mixed trend (per bags of 25 Kg) Euro Gold was down by Rs 100 to Rs 6400, Mix Me closed with a substantial gain of Rs 1700 to Rs 600, Bale gold up Rs 1050 to Rs 6400, Corolac was down by Rs 100 to Rs 6500 Bale vale was also loser by Rs 100 to Rs 6400. On Saturday prices of some commodities turned lower amidst modest trading.

Copyright Business Recorder, 2007

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