Karachi's disturbed peace adversely affects commodity markets leading to patchy business

Patchy trading was marked during the week owing to violence and killings and particularly speaking Wednesday was set aside to mourn deaths that world history has few to offer as spaceman. However, on Tuesday changes were seen in gur low type conceded big amount by Rs400 to Rs7000, while the other was marked down by Rs300 to Rs8000, cotton cakes with beg was said to have been quoted higher at Rs1200.
On Thursday falling trend was marked in commodities such as Irri white (broken) better type conceded Rs25 to Rs2625, while the other type was unchanged at Rs2600, Gur low quality scaled down by Rs200 to Rs6800, better type was down sharply by Rs500 to Rs7500. Cottonseeds, oilcake with bag in Sindh quoted at Rs1200 and Rs1220, bajra rose by Rs100 to Rs2300 to Rs3100.
On Friday no trading activity was seen, as almost all the participants were busy in preparations for Juma prayers.
On Saturday gram Australia, Moong Punjab; Gur turned lower sharply in sluggish business. Grams Australian lost Rs 150 to Rs 5000-5200 and bajra low type, however, gained Rs 100 to Rs 2300, while the best type maintained its level at Rs 3000. Moong Punjab was sharply up by Rs 500 to Rs 9500 and gur low type lost Rs 800 to Rs 6000 and superior quality was lower by Rs 500 to Rs 7000 due to expectations of fresh arrivals in the near future. Irri-6 Sindh gained Rs 25 to Rs 3225-3250, other items maintained overnight levels due to balanced demand and supply.