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Tag: Hydrosulphite The Delhi oil and oilseeds market remained buoyant past week amid hectic buying by stockists and retailers. Mustard seed

42 per cent condition flared up by Rs 75 to Rs 2650 per quintal as arrivals remained thin at 18000-20000 bags past week.Mustard seed in

upcountry market centres such as Kota, Alwar, Bharatpur and Jaipur was also traded upward by Rs 50/75 per quintal as daily arrivals fell to

20000-22000 bags.Close on the heels of soaring mustard seed prices, mustard oil too shot up by Rs 230 to Rs 5680 per quintal end week.

Mustard oil mill-gate prices in Tonk, Newai, Alwar and Bharatpur line scaled up by Rs 200/250 per quintal owing to despatches for forward

contract, marketmen said.Soya refined oil in Delhi was up marginally by Rs 15/20 though spot soya oil prices in Indore was up Rs 60 at Rs

5500 per quintal. Soya oil May futures also moved up from Rs 562 to Rs 571.50 per 10 kg on speculative buying. Cottonseed oil held firm as

its prices in Punjab centres hardened by Rs 70 at Rs 5450 per quintal on pause in selling.Spices & DryfruitsLack of buying interest coupled

with fresh arrivals kept Delhi wholesale spices and dryfruits market rather depressive past week. Dry mango Nizamabad and Dandyocha new were

seen quoting at Rs 9000/20000 per quintal, while dry mango old fell by Rs 6000 per quintal to Rs 10000/20000 end week amid selling

pressure.Dry mango from Malda (West Bengal) ruled at Rs 3200 per quintal though prices in Malda stood at Rs 2500 per quintal. According to

marketmen, around 700-800 bags of dry mango new arrived in Nizamabad, while in Dandyocha arrivals past week remained restricted at 300 bags.

Dry mango in both these producing centres was traded at Rs 8000/18000 per quintal.Meanwhile, a major fire broke out in Guntur chilli yard on

Saturday destroying chilli stocks there. Prices are expected to firm up again, marketmen said.Grains & PulsesBarring gram all major cereals

and pulses were traded upward on the Delhi wholesale grains and pulses market past week. Mill-quality wheat posted a marginal gain of Rs

10/15 a quintal as arrivals past week remained restricted at one lakh bags.This year, until now 160 lakh tonne has been procured by the

government for the central pool, which is 57-58 lakh tonne more as against the corresponding period last year. As against last year’s 738

lakh tonne, wheat production this year is also estimated higher at 770 lakh tonne. Wheat products like atta, maida and suji also ended firm

by Rs 10 per 90 kg bag on retailers’ buying.With big retail chains buying almost 65% of the new crop in Bhopal, Sagar, Indore, Beenaganj,

Jhansi and Lalitpur line and stockists selling their stocks amid fear of raids by the government, this has almost emptied supply lines,

pushing up masoor prices across all market centres even as production this year is higher at around 9 lakh tonne, marketmen said.ChemicalsThe

wholesale chemicals market largely ended on a mixed note past week. While Caustic Soda Flake, Caustic Potash, Resin, Sodium Hydrosulphite and

Titanium ended with a gain, chemicals like Ammonia Bicarb, Citric Acid, Potassium Permanganate and Mentha oil and its products were major

losers.