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Bullish sentiment was seen on the wholesale grain market on Wednesday in process of modest trading, dealers said. On the cereals side, masoor Canada was up by Rs 500 to Rs 6000 and masoor dal Canada followed the same pattern, gain Rs 1000 to Rs 7500, wheat old Bardan was lower by Rs 10 to Rs 2640 and wheat new Bardan gained the same amount to Rs 2655, due to easy supply.
Gur low type rose by Rs 200 to Rs 6700 and best type did not show any change at Rs 7800, they said. Bajra after maintaining stable trend, rose by Rs 100 to Rs 2700-3000, other items were unmoved due to absence of buying interest, they said. On the seeds sector, cottonseed oilcake with bag Sindh shed Rs 5 to Rs 1375 and Rs 1425, they said. Rates on the rice sector did not move any side due to balanced demand supply position, they said.

Copyright Business Recorder, 2011

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