Prices almost stay put on grain market

29 Aug, 2008

A few changes were seen on the grain market on Thursday as main buyers were on the sidelines in anticipation of slide in the prices after the government claim that it is taking measures to halt artificial increase, dealers said.
According to a report, to make smooth availability of the commodities, vegetables, fruits and other essentials, the strategy to be adopted is the district government will sell directly to the consumers at the fixed rates if whole sellers/retailers try to create shortage during the month of Ramazan.
Hopefully, in all cities of the country would adopt the same pattern to bring peace of mind among the masses, who are already almost fed up with the present situation, analysts said. The government may set up Ramazan bazars on no profit no loss basis.
It will be great relief for the consumers, they said. On the seed side, cakes low type fell by Rs 45 to Rs 690 and better type was down by Rs 30 to Rs 710, other items held the overnight levels, they added. On the grams side, Bajra followed suit and lost Rs 100 to Rs 2400-3100, in the meantime, other items did not move any side in process of trading, they said.

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