Prices move up in thin business on grain market

26 Jun, 2012

Small business was seen on the wholesale grain market on Monday as prices tended higher due to tight supplies, dealers said. On the seed counter rapeseed cake rose by Rs 40 to Rs 990-2400. Cottonseed oilcake low type shed Rs 100 to Rs 400 and best type was lower by Rs 50 to Rs 600,
Gur low type picked up Rs 100 to Rs 4800, while the good type was inert at Rs 5500 in process of slow trading. On the rice sector, Irri-6 Sindh low type gained Rs 50 to Rs 3500 while the best type retained the week-end levels due to balanced demand and supply position, they said. Grams and cereals prices were inert in process of trading, they said.

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