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Modest trading activity was seen on the wholesale grain market on Saturday in the absence of fresh buying interest by the leading participants, dealers said. On the cereal side wheat old and new both inched up by Rs 5 to Rs 2685-2700, respectively, other items maintained overnight levels in process of trading, they said.
On the seed sector, rapeseeds Nawabshah and Mirpurlane lost Rs 100 to Rs 2475-2500, rapeseeds cake shed Rs 20 to Rs 870-880, til low type was down by Rs 50 to Rs 3200, the best type, however, gained Rs 100 to Rs 3450, cottonseed oilcake with bag Sindh inferior type was higher by Rs 25 to Rs 875, and the good quality rose by Rs 70 to Rs 970, they said. Prices on the grams and rice sectors retained the overnight levels as supply was enough to meet the demand by retailers, they said.

Copyright Business Recorder, 2011

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