Silver .999 on the other hand climbed by Rs 85 and it crossed Rs 8,000-mark at Rs 8,030 per kg. In the ready section silver .916 was up by same margin at Rs 7,895 per kg. Renewed industrial and speculative interest pushed the white metal upward while shortage of ready stock and bullish Delhi and global advices arrested fresh selling by stockists and bankers in the city market. Volume of trading in silver was around 340/350 kgtoday while arrivals remained negligible, it was reported. In the overseas market the white metal placed 4 cents higher at $5.25 per ounce.

G'nut oil down

Groundnut oil extended losses on the oil,oilseeds market here today. Castorseed and its oil remained weak in absence of buying interest.

Groundnut oil edged down a rupee at Rs 363 per 10 kg. In Rajkot it was remained unchanged at Rs 585/590 per 15 kg. thanks for the fresh round of rain in the producing centers.

Imported palm oil moved down by Rs 4 at Rs 211 per 10 kg on renewed arrivals at local ports coupled with weak global market. Palm oil in the international market fell from $372.50 to $365 per tonne it was learnt.

Castor oil finished Rs 5 lower at Rs 379/391 per 10 kg in absence of fresh overseas demand. Castorseed ready slipped by Rs 25 at Rs 1,739/1,745 per quintal as fresh round of rain triggered unloading by stockists.

In the futures section castorseed September delivery slid from Rs 1,765 to Rs 1,760 before settling at Rs 1,764per quintal. In Ahmedabad prices ruled quiet at Rs 1,758.50 per quintal. In Gujarat castorseed spot delivery moved down to Rs 340 per 20 kg while castor oil finished at Rs 372/373 per 10 kg. it was gathered.

Sugar inches up

A steady-to-slightly better trend prevailed on the sugar market.

M-30 were placed at Rs 1435-1515 and S-30 at Rs 1420-1450 a quintal ex-godown. Ex-octroi checkpost, the price ruled at Rs 1415-1425 and at Rs 1402-1415 respectively.

In tenders, M-30 were indicated at Rs 1370-1375 and S-30 at Rs 1350-1360 in Kolhapur line.

Milling wheat improves

Milling wheat price ruled better on the grains market. Elsewhere, a quietly steady condition continued.

On restricted offerings, indigenous milling wheat price firmed up by Rs 10 a quintal at Rs 735-740. Imported held steady at Rs 655-660 ex-dock. Wheat MP 147 at Rs 775-875 and Sarbati at Rs 900-1400 were maintained.

Rice AP kattar were on offer at Rs 1100-1150 and cultured kolam at Rs 1800-2100.

Among pulses, greenpeas USA Rumba/Heart were placed at Rs 1250 and Canadian at Rs 800-940. White peas Canadian found support at Rs 911. Tur Myanmar ruled at Rs 1825-1850. Urad Myanmar were placed at Rs 1671.

Australian gram were traded at Rs 1200. Kabuli gram A-2 and B-2 were transacted at Rs 3200-3300 and at Rs 2800 respectively. C-2 ruled at Rs 1800-2000 and natural at Rs 2200-2300.

Yarn listless

A listless condition continued on the yarn market following extremely sluggish activity.

Polyester yarn grey first quality of medium-sized units 80dn, roto at Rs 87-88, micro roto at Rs 92-95, weft at Rs 83-84 and warp at Rs 92-94 a kg were static. 80/1000dn and 80/1400dn were quoted at Rs 120-122 and at Rs 125-130 respectively.In the case of 150dn, weft were on offer at Rs 72-73, warp at Rs 80-82, single roto at Rs 73-74 and double roto at Rs 74-75.

Cotton steady

A quietly steady condition prevailed on the cotton market. Activity was limited. The reports of rains in Saurashtra on top of news of rains inMaharashtra and MP have induced caution at the prevailing rates.

V-797 ruled at Rs 13,000-13,400, Wagad at Rs 12,500 and kalan-ginned at Rs 11,900-12,000 a candy spot. Sanker ruled in the range of Rs 15,500-21,000.In Punjab zone, with hardly any stock remained, Bengal deshi were indicated at Rs 1350-1520, J-34 saw-ginned good average at Rs 1825-1935 and cart selected at Rs 1900-2030 a maund.

New York July contract ruled at Rs 48.75, October at 51.68, December at 52.24 and March at 53.26 cents.