Thursday, 12 January 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 12 JANUARY 2017

Rmseed trading range for the day is 3811-3927. Mustard seed recovered on short covering after prices dropped on expectation of higher supply. Mustard sowing is completed on 6.953 million hectare as compared to 6.276 million hectare, higher by 10.8%. NCDEX accredited warehouses mustard seed stocks gained by 10 tonnes to 3384 tonnes. In Alwar spot market in Rajasthan the prices dropped -77.25 rupees to end at 4282.5 rupees per 100 kg.

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