Kanpur wholesale market mixed on wheat, pulses, bullion

Wheat dadda traded at 2,600-2,700 rupees per quintal and wheat farm at 2,850-2,900 rupees, while chana fetched 6,250-6,350 rupees and arhar 6,400-6,600 rupees a quintal. Arhar dal flower rose to 12,300-12,400 rupees, suggesting some tightening in retail-ready pulse supplies even as other staples stayed rangebound. Chana dal traded at 7,700-7,800 rupees and masoor malka at 7,050-7,100 rupees.

In the oilseed and consumer staples chain, mustard oil from the kolhu was quoted at 17,500-17,600 rupees a quintal, while vanaspati brands Bavarchi and Mayur sold at 2,235-2,236 rupees per 15 litres. Jaggery held at 5,900-6,000 rupees a quintal and desi ghee at 72,000-72,500 rupees, pointing to steady but still expensive food inflation pressures across household staples.

Bullion remained the sharpest value marker in the market. Silver 999 touched 244,500 rupees a kilogram and gold biscuit was quoted at 157,500 rupees per 10 grams, in line with a broader environment in which precious metals have stayed supported by global uncertainty even as some international commodity gauges ease. Adalytica’s US dollar trade signals showed extreme greed in the dollar, which can add pressure to non-dollar commodities globally, even if local retail pricing in India is also shaped by rupee moves and festival-season buying.

For investors and commodity traders, the takeaway is not a single-direction move but a market that is splitting between food staples and stores of value. Stable wheat and oilseed quotes may ease pressure on processors and wholesalers, while firmer pulses and bullion suggest households and retailers are still navigating inflationary pockets. The next watchpoint is whether imported cues, currency swings and festive demand push precious metals and select food items higher again, or whether supply normalises enough to cap the rally.