Groundnut oil fell by Rs 3 at Rs 384 per 10 kg amidst lower than expected seasonal demand. In Rajkot it was unchanged at Rs 675/680 per 15 kg.

Imported palm oil slid by Rs 2 at Rs 212 per 10 kg amidst thin buying interest and weak dollar. In the global market palm oil ruled steady at the reduced level of $285 per tonne for the nearby delivery and at $290/295 per tonne for long delivery, it was learnt.

Castor oil fell further by Rs 2 to Rs 322/334 per 10 kg in absence of overseas support. Castorseed ready were down by Rs 10 at Rs 1,460 per quintal in sympathy.

In the future section castorseed December delivery shot up from Rs 1,296 to Rs 1,320 before closing the day at Rs.1,310 per quintal. Maturing September delivery however ruled quiet at Rs 1,448 on nominal trading, floor sources said.

In the international castor oil future market October delivery eased from Rs 340 to Rs 334 per 10 kg. There was no trading in August delivery. RBD palmolien November delivery changed hands at Rs 216 per 10 kg. And no trading was reported in October and December deliveries.

In Ahmedabad, castorseed December delivery closed firm at Rs.1,333.50 and in Rajkot at Rs 1,300 per quintal, it was learnt. Traders reported castorseed arrivals of 7000/8000 bags in Gujarat.

Bullion recovers
Gold and silver prices recovered from the lower level on the bullion market here today. Standard gold moved up by Rs 20 at Rs 4,520, so was gold .22 carat at Rs 4,180 per 10 gm. Prices of gold biscuit (116.50 gm.) hardened by Rs 250 at Rs 52,850 per piece. Fresh festival buying placed gold prices upward while eased supplies and encouraging global advices kept offerings restricted. In the overseas market gold recovered by $2 at $273.50 per ounce.

Meanwhile silver .999 shot up by Rs.60 at Rs 7,990 per kg. Silver .916 was up by Rs 55 at Rs 7,865 per kg. Industrial buying was poor but traders reported brisk festival enquiries for silver. Shortage of ready stock and recovery in the global prices kept offerings restricted during the day. Delhi advices were firm and in the global market the white metal rose from $4.77 to $4.88 per ounce.

Cotton static
Easy undercurrent continued on the cotton market although prices ruled static.

V.797 ruled at Rs.13,600-13,800, Morbi wagad at Rs.13,000-13,100 and Kalan ginned at Rs.12,600-12,700 a Candy respectively. Sanker medium were placed at Rs.18,000-19,000 and superior at Rs.19,500-20,500. New LRA MP Sandhwa was on offer at Rs.19,300-19,500 & Bijapur at Rs.20,500-20,700.

Ready J-34 saw ginned good average ruled at Rs.1830-1870, cart selected at Rs.1905-1950 & Bengal Deshi roller-ginned at Rs.1020-1065 a maund.

New October delivery Rajasthan J-34 saw ginned good average were placed at Rs.1665 and Bengal Deshi roller ginned at Rs.1065.

Yarn steady
A steady trend was in evidence on the yarn market. Demand remained better.Polyester yarn grey first quality of medium sized units 80 dn roto ruled at Rs.88-90, micro roto at Rs.94-98 and weft at Rs.84-86 per Kg. 80/1000 dn and 80/1400 dn were mentioned at Rs.117-118 & at Rs.123-125 respectively.

150 dn weft ruled at Rs.70-71 & single roto at Rs.73-74.

Tur eases
Prices ruled quietly steady with limited activity on the grains market.

Ured Myanmar ready ruled at Rs.2,200 and incoming at Rs.2150 a quintal.

Moong Myanmar medium was on offer at Rs.1550-1600, superior at Rs.1650-1750 and Thailand at Rs.1450-1500. Tur Myanmar eased by Rs.25 on slack demand.

New were on offer at Rs.1350 and old at Rs.1250. Canadian Gram eased by Rs.25 at Rs.1300, Australian gram were steady at Rs.1550.

Wheat MP 147 were on offer at Rs.900-1000 and Sarabati at Rs.900-1200. Rice Gujarat-17 were on offer at Rs.1200-1500.

Sugar subdued
A subdued trend prevailed on the sugar market following slack demand and reduction in transportation charges.

Price eased by Rs.5 a quintal. M/30 ruled at Rs.1550-1580 and S/30 at Rs.1535-1560 ex-godown. Ex-Octroi checkpost the price ruled at Rs.1540-1550 and at Rs.1520-1540 respectively.Ex-mill, M/30 were indicated steady at Rs.1490-1495 but S/30 slid down to Rs.1465-1485 in Kolhapur line.

Delhi
Both the precious metals, at the Delhi bullion market showed signs of improvement on Friday on overseas advices.

New York silver future dipped from 486 cents to 479 cents an ounce in the beginning, again improved to 485 cents an ounce and inflow of imported silver on Thursday fell from 10,000 kg to 7000 kg, consequently, spot silver .999 fineness improved from 7740 to Rs 7775 a kg and silver weekly delivery was traded at Rs 7800 against Rs 7770 a kg.

Gold in London, on speculative buying improved from $272 to $272.75 an ounce coupled with restricted imported inflow, gold biscuit and standard mint gold here improved by Rs 10 at Rs 4500 and Rs 4510 per 10 gram while gold sovereign held steady at its previous close.

Cardamom up
Cardamom small colour Robin looked up by Rs 5 at Rs 485 per kg and hand-picked superior quality firmed up by Rs 25 at Rs 900 a kg on encouraging South advices. Cardamom brown, turmeric and Siliguri tea showed a declining tendency while nutmeg Kochi ruled firm.

Among dry fruits, superior fig recorded an alarming rise of Rs 2000 at Rs 8000 per 40 kg as output in Afghanistan was hit hard due to paucity of rains. Similarly, Shah zeera went up by Rs 40 at Rs 450 and Khar zeera rose to an all-time high of Rs 8000-8200, registering a sharp rise of Rs 500-700 per 40 kg due to fall in output.