Friday, 6 January 2017

EPIC RESEARCH NCDEX MUSTARD SEED UPDATE OF 6 JANUARY 2017

Rmseed trading range for the day is 3881-3951. Mustard seed prices ended with gains tracking firmness in spot demand amid short covering after prices dropped on oversupply woes. The country's production of rapeseed is expected to increase by 12.5% to 6.3 mt from a year earlier. NCDEX accredited warehouses mustard seed stocks dropped by 119 tonnes to 4654 tonnes. In Alwar spot market in Rajasthan the prices gained 12.85 rupees to end at 4411.25 rupees per 100 kg.

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