Urad Rangoon shot up by Rs 150 at Rs 1950, dal urad flared up by Rs 100-250 at Rs 2000-2650 and superior Indore variety recorded a sharp rise of Rs 200 at Rs 3200 a quintal due to paucity of quality goods. Masoor and its dal continued to show a rising tendency on stockists buying. Superior masoor flared up by Rs 150 at Rs 2000 a quintal and rajmash chitra of Pune moved up from Rs 3250 to Rs 3400 a quintal due to paucity of ready stock. Arhar, however, plummeted by Rs 50-75 at Rs 1675-2175 a quintal on selling pressure.

Gram edged up by Rs 20 at Rs 1200-1285 a quintal on consistent demand in gram dal from upcountry buyers. Besin looked up by Rs 10 at Rs 1270 per 70 kg.

Among cereals, maize,dipped by Rs 20 a quintal on weak demand from Calcutta buyers.

Edible oils decline
Palmolein in Malaysia slipped from $525 to $522 a tonne and demand in edible oils from vanaspati and refining mills remained sluggish due to rising mercury, consequently, groundnut, mustard, soyabean and cottonseed oils, in edible section, slided down by Rs 20-100 a quintal on easy supply of imported oils. As compared to last Thursday, groundnut oil was down by Rs 200 at Rs 4000 a quintal.

Mumbai: Groundnut oil nosedived on the oil,oilseeds market here today. Castorseed and its oil also extended losses in absence of overseas demand and continued supplies in the producing centers of Gujarat.

Groundnut oil fell from Rs 298 to Rs 292 per 10 kg on thin buying interest coupled with renewed summer crop supplies. In Rajkot prices ruled weak at Rs 605/610 per 15 kg.

Imported palm oil maintained at the reduced level of Rs 287 per 10 kg in absence of fresh offerings by Indian importers. But demand was dull. In theinternational market palm oil quoted lower from 522.50 to $520 per tonne for nearby delivery and long delivery was available at $490/507.50 per tonne, it was learnt.

Castor oil eased by Rs 3 to Rs 347/361 per 10 kg as sluggish overseas interest prompted unloading by domestic dealers. Castorseed ready finished Rs 14 lower at Rs 1564/1570 per quintal.

In the futures section castorseed June delivery declined from Rs 1574 to Rs 1565 per quintal. In Ahmedabad June delivery placed lower at Rs 1,516.50 while in Rajkot it was quoted at Rs 1,510 per quintal. In Gujarat castorseed ready delivery eased to Rs 299/300 per 20 kg. Castor oil placed at Rs 329/330 per 10 kg. Arrivals of castorseed in the Gujarat region placed around 60,000 bags today.

Sugar firm
Mill delivery sugar prices revealed a firm tendency. Mawana sugar was traded at Rs 1562, Simbhauli at Rs 1455 and Anupshahar sugar with moisture was traded at Rs 1340 a quintal. There was paucity of PDS sugar in UP and Bihar. Tax-paid imported sugar inAmritsar was priced at Rs 1550 and in Calcutta at Rs 1475 a quintal.

Sulphur khandsari firmed up by Rs 15 at Rs 1490 a quintal due to restricted supply from UP.

Gold static
Silver suffered losses on weak New York advices while gold, at the local bullion market held steady on Tuesday.

New York silver future plummeted from 541 cents to 533 cents an ounce coupled with rumour of export of silver by China, spot silver .999 fineness plummeted from Rs 8060 to Rs 7980, but later, on emergence of local demand, recovered to Rs 8000 a kg and silver weekly delivery, on unloading by the bulls, plummeted by Rs 70 at Rs 7960 a kg.

Silver coins remained unchanged.
Gold, on the overseas market, remained subdued at $286 an ounce, yet gold biscuit and standard mint gold held steady at Rs 4390 and Rs 4400 per 10 gram, respectively due to restricted inflow of imported gold. Mumbai:Silver prices suffered losses at higher level on the bullion market here today. Gold moved in a narrow band and finishedon a mixed note.

Silver .999 dropped by Rs 55 to Rs 8,170 per kg. In the ready section silver .916 was down by Rs 45 to Rs 8,035 per kg in symapthy. Industrial demand for silver was sluggish during the day while weak global advices followed by renewed supplies prompted profit-taking among stockists and local bankers. In the global market silver eased by 8 cents to $5.32 per ounce.

Standard gold slid by Rs 5 to Rs 4,430 per 10 gm. Gold .22 carat however ruled quiet at Rs 4,100 per 10 gm. Prices of gold biscuit (116.50 gm.)rose by Rs 50 to Rs 51,950 per piece on stray seasonal demand. In the overseas market the yellow metal reacted from $286.55 to $285.15 per ounce. Market sentiment was weak at the close following slide in dollar value against rupee which put pressure on the import cost of precious metals.Turmeric tumbles
On emergence of good demand from Lucknow, Kanpur, etc, indigenous betelnut looked up by Rs 3-5 at Rs 148-165 a kg and nutmeg and mace firmed up by Rs 5-10 a kg amidst tightsupply position.

Turmeric, however, tumbled down by Rs 50-100 a quintal due to weak demand from importing countries. Dry mango of Pakore was quoted at Rs 1500-1800 a quintal. Poppyseed and water melon kernel revealed an easy tendency.Bold grain cashew kernel No. 210 moved up from Rs 440-445 to Rs 455-460 a kg as quality of new crop cashew kernel was reported poor.