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  • Dec 30th, 2005
  • Comments Off on Prices move both ways on grain market
Fairly modest trading was seen on the grain market on Thursday as several commodities moved both ways but mostly were in the plus zone in the process of trading, dealers said.

Most of the changes were witnessed on the cereal side as Masoor dal was sharply higher by Rs 200 to Rs 3200 due to strong demand, they said. Masoor Canada quoted at Rs 2400 and Masoor Australia slipped by Rs 50 to Rs 2500 on large arrival and less demand from buyers, they added.

Urad from Burma inferior type gained Rs 40 to Rs 1250 and good type posted fresh gain of Rs 70 to Rs 1320 as supply was enough to meet the local demand, they said.

On the rice sector, trading activity picked up but most of the deals finalised at the overnight levels, they added.

On the seed side, cottonseed oilcake with bag was up by Rs 5 due to improved demand by the purchasers at Rs 460-470, dealers said.

Copyright Business Recorder, 2005


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