Grains A steady trend prevailed on the grain markets with moderately good activity. Green peas USA Rumba/ Heart was placed at Rs 1,300-1,350 and Canada at Rs 961-971 a quintal. White peas Canada ruled at Rs 851-861. Urad Myanmar was on offer at Rs 2,300. Moong Myanmar was placed at Rs 1,600-1,800 and Thailand at Rs 1,400-1,500. Kabuli gram, A-2, Mexico was quoted at Rs 4,800 and Canada/ USA at Rs 4,400-4,500. B-2 ruled at Rs 4,000-4,100, C-2 at Rs 3,200-3,300 and natural at Rs 3,600-3,700. Sugar Sugar price softened marginally on buyers' resistance at high levels. M-30 was on offer at Rs 1,535-1,565 and S-30 at Rs 1,514-1,525, ex-godown. Ex-octroi checkpost, the price ruled at Rs 1,420-1,430 and at Rs 1,495-1,505 respectively. In tenders, M-30 was indicated at Rs 1,460-1,465 and S-30 at Rs 1,440-1,450 in Kolhapur line.

Bullion
Gold prices suffered fresh losses while silver moved in a narrow range and closed on a mixed note on the bullion market in Mumbai on Wednesday.

Standard gold was down by Rs 5 at Rs 4,535 per 10 gm. Gold 22 carat eased by the same margin at Rs 4,195 per 10 gm. Seasonal demand for gold was at a low ebb. Weak overseas advices attributed a setback. Prices of gold biscuit (116.50 gm.), however, closed steady at Rs 53,000 per piece. In the global market, gold was down at $271.50 ($272.05) per ounce. Silver .999 remained unchanged at Rs 8,105 per kg. Silver .916 edged down by Rs 5 at Rs 7,925 per kg amidst stray inflow of raw silver from local sources. In the overseas market, the white metal remained quiet at $4.89 per an ounce.

Oil, oilseeds Uptrend in groundnut oil prices continued on the oil, oilseeds market on Wednesday. Castorseed and its oil, on the other hand, closed weak amidst sluggish buying interest coupled with news of higher new crop arrivals in the producing centres, particularly in Andhra Pradesh.

Groundnut oil shot up from Rs 370 to Rs 378 per 10 kg. Tight supplies and brisk buying influenced the upsurge, according to dealers. In Rajkot, groundnut oil was placed higher at Rs 660 per 15 kg.

Imported palm oil reacted by Rs 5 at Rs 195 per 10 kg. In the global market, palm oil finished lower by $5 at $252.50 per tonne for nearby delivery and at $255/260 per tonne for long delivery.

Castor oil finished a rupee lower at Rs 305/317 per 10 kg. Castorseed ready were down by Rs 5 at Rs 1,375 per quintal in sympathy.

In the futures section, castorseed December delivery reacted to Rs 1,343 (Rs 1363) per quintal while castor oil October delivery was placed Rs 2 lower at Rs 321 per 10 kg. Palmolien November delivery finished at Rs 195.50 (Rs 199) per 10 kg. October and December deliveries were unquoted on Wednesday.