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Prices mostly drifted lower on the wholesale grain market on Saturday in process of retailers' active demand, dealers said. On the grams side grams Australia No 1 low type shed Rs 200 to Rs 7600 and better quality was down by Rs 400 to Rs 7800, grams Australia dal No 1 was lower by Rs 200 to Rs 9000-9400 and grams 50x50 followed same pattern, losing same amount to Rs 8300-8700, other items maintained overnight levels in process of trading, they said.
On the cereal sector makai low variety shed Rs 85 to Rs 2290 and best type shed Rs 100 to Rs 2300, other commodity items retained overnight levels, they said. On the seeds counter cottonseed oilcake with bag Sindh low type shed Rs 100 to Rs 500 while the good type maintained overnight level at Rs 800 due to strong demand, rapeseed Nawabshah low type retained overnight level at Rs 2300 while the best type shed Rs,25 to Rs 2325 and rapeseed Dadulane low type lost Rs 150 to Rs 1950 and best type was down by Rs 125 to Rs 2000, they said.
On the rice sector, slight improvement was seen as Irri-9 Sindh low type gained Rs 75 to Rs 5400 while the best type was unchanged at Rs 5600, Irri-6 Sindh low type was up by Rs 150 to Rs 3550 and the good type rose by Rs 50 to Rs 3650, Irri-while low type was unchanged at Rs 2600 white, the best type was lower by Rs 50 to Rs 2650, they said.

Copyright Business Recorder, 2012

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