Moong lost Rs 100 following imminent pressure of domestic crop. Myanmar medium were on offer at Rs 1,600-1,650 and superior at Rs 1,800-1,950.Wheat and rice ruled quietly steady. Wheat Maharashtra SRT/ HD were quoted at Rs 875-950 and Lokvan at Rs 775-825. Rice Perimal Punjab medium ruled at Rs 1,000-1,200 and superior at Rs 1,250-1,300.

Sugar gains
A slightly better trend was in evidence on the sugar market following improved offtake.M-30 at Rs 1,515-1,525 and S-30 at Rs 1,490-1,500 a quintal, ex-octroi checkpost looked up by Rs 5 to 7. Ex-godown, M-30 ruled at Rs 1535-1565 and S-30 at Rs 1500-1531.In tenders, M-30 held steady at Rs 1,460-1,470 while S-30 netted fresh gains of Rs 5 at Rs 1,435-1,445 in Kolhapur line.Yarn unchanged
Prices ruled unchanged with an easy undercurrent in polyesters on the yarn market. Activity was sluggish.Demand in polyester yarn continued to be hit by over 40 per cent production cut in Bhiwandi and agitation by Surat weavers. Scattered inquiries were noticed in 80 dn roto.

Grey first quality of medium sized units 80 dn roto ruled at Rs 90-92 and weft at Rs 84-86 a kg. 80 dn micro roto were placed at Rs 98-100, 80/1,000 dn at Rs 117-118 and 80/1,400 dn at Rs 123-125.150 dn weft and single roto ruled at Rs 69-70 and at Rs 72 respectively.

Meanwhile, Reliance Industries has not made any changes in its prices. Only 80/1,000 dn and 80/1,400 dn price has been jacked up by Rs 4, while the price of 150 dn warp is reduced by Rs 3 a kg, it was gathered.

Cotton subdued
A subdued condition continued in Punjab zone goods on the cotton market following slack demand and inferior quality.Bengal deshi roller ginned Punjab ruled static at Rs 1,125-1,160, but Harayana eased from Rs 1,145-1,180 to Rs 1,125-1,150 and Rajasthan from Rs 1,110-1,125 to Rs 1,100-1,105 a maund spot.

J-34 saw ginned cart selected Punjab were quoted at Rs 1,950-2,000, down from Rs 1,950-2,010. Harayana shed Rs 5 at Rs 1,950-1,955. Rajasthan ruled unchanged at Rs 1,900-1,910. Good average, both Haryana and Rajasthan were static at Rs 1,870-1,890.

V-797 at Rs 13,500-13,900, Morabi wagad at Rs 13,100-13,200 and Kalan ginned at Rs 12,600-12,700 a candy were steady. Sanker was also unchanged with medium ruling at Rs 18,000-19,000 and superior at Rs 19,500-20,500.Bullion firms up
Gold and silver prices placed firm on the bullion market here today. Standard gold looked up by Rs 5 at Rs 4,480, so was gold .22 carat at Rs 4,145 per 10 gm. Prices of gold biscuit (116.50 gm.) hardened by Rs 150 at Rs 52,500 per piece. Physical buying was low but traders reported hectic speculative demand for gold on the back of historical rise in dollar value against rupee coupled with tight supplies. Uptrend in dollar value has lifted improt cost of gold and silver upward in India which in turn triggered smart recovery in the prices of both the precious metals in the local market. In the overseas market gold however fell by 5 cents at $277.50 per ounce.

Meanwhile silver .999 climbed by Rs 35 at Rs 8,015 per kg. Silver .916 was up by Rs 50 at Rs 7,890 per kg. in sympathy. Industrial buying for silver was low but acute shortage of ready stock and speculative buying in the wake of bullish Delhi and overseas advices kept offerings limited during the day. In global market silver recovered modestly by two cents at $4.98 per ounce.

Castor futures spurt
Groundnut oil maintained at the reduced level on the oil,oilseeds market here today. Castorseed and its oil on the other hand recovered fresh ground amidst renewed overseas enquiries on the back of upsurge in dollar value. Delay in the second round of rain in the producing centers kept offerings limited, dealers said. Groundnut oil was quiet at Rs 405 per 10 kg on thin supplies but buying interest also remained dull, it was learnt. In Rajkot prices placed steady at Rs 670/675 per 15 kg.

Imported palm oil was unchanged at Rs 218 per 10 kg on nominal trading following steady global advices. Howver, rally in dollar value has failed to cheer up the market sentiment, according to a dealer. In the global market palm oil closed at $307.50 per tonne for nearby delivery while long deliveries were quoted at $312.50/313.50 per tonne.

Castor oil edged up by Rs 2 at Rs 347/359 per 10 kg. Castorseed ready were up by Rs 10 at Rs 1,585 per quintal in sympathy. In the future section castorseed September delivery shot up from Rs 1,538 to Rs 1,574 and December delivery from Rs 1,464 to Rs 1,490 per quintal respectively.

In Ahmedabad September delivery closed firm at Rs 1,564 and December delivery at Rs 1,492.50 per quintal while castorseed spot quoted at Rs 295/300 per 20 kg. Castor oil changed hands at Rs 328 per 10kg.in Gujarat.