Botad: Due to the decrease in demands of loose Peanut oil the prices slashed down by Rs. 10 – 15. Today the trade of 7 to 8 wagons of oil was recorded then yesterday where the trade of only 4 to 5 wagons was recorded. Today, Rajkot market traded the oil at Rs 900, Jamnagar market also traded at Rs. 900 while in Dhoraji the rates were Rs 915 to Rs 920 and in JamKhambhadiya the rates were Rs 910 to Rs 915. While in 15 litres or 15 kg categories the rates remained steady. Earlier on Friday, the fall in the prices of gram flour and gram by Rs100 were recorded which later remained steady. Also, the prices of sugar remained steady this week.
The rates of Basmati including other varieties of rice and tuvar daal also remained steady with the trade of 1000 bags. According to the traders, earlier the price hike was recorded in tuvar daal but though the supply reduced the rates remained steady.
Yesterday, the increase of Rs. 1000 was recorded in gold which today remained steady. The 10 gms of 24-carat gold was sold at Rs 30,500 while 10 gms of 22-carat gold was sold at Rs. 29900. The rates of pure 1 kg silver remained steady at Rs. 39,400.
The rates of cotton in Botad market remained steady at Rs. 960 to 1090 with the fresh arrival of 140000 kg of cotton in the market. One load of cotton was traded at Rs. 39000 to Rs. 41200 in Botad while in Manavadar the rates where Rs. 950 to Rs. 1077 so one load of cotton was traded at Rs. 41000 to Rs. 41100. While the cotton, still on the plant was traded at the rate of Rs. 1100 in Saurashtra.