Soft trend continues on grain market

08 Jun, 2008

Soft trend was seen on the grain market on Saturday in process of low trading, dealers said. On the seed side, cottonseed oilcake with bag low type gained Rs 25 to Rs 775 while the better type did not move any side at Rs 800 during the day, they said.
Cottonseed oilcake with bag Punjab new low type shed Rs 25 to Rs 800 and good type also fell by Rs 50 to Rs 825, cottonseed oilcake with bag Sindh old shed Rs 775-825 and new type shed the same amount at Rs 875-900, they said.
A solo deal was seen on the cereal side, Masoor Canada inferior type lost Rs 200 to Rs 8600 while the better type maintained its overnight level at Rs 9000, they said. Grams and rice sectors did not move any change amid slow trading, they added.

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