Wednesday 25 January 2017

EPIC RESEARCH NCDEX MUSTARD SEED UPDATE OF 25 JANUARY 2017

Rmseed trading range for the day is 3903-3965. Mustard seed prices ended with gains on short covering tracking firmness in spot demand despite of higher supply and yield. Pressure also seen amid oversupply woes as the upcoming mustard crop has entered into the prodding stage and weather is favourable. NCDEX accredited warehouses mustard seed stocks dropped by 529 tonnes to 1451 tonnes. In Alwar spot market in Rajasthan the prices dropped -12.9 rupeess to end at 4231 rupeess per 100 kg.
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