EPIC RESEARCH NCDEX RM SEED UPDATE OF 28 FEBRUARY 2017
Rmseed trading range for the day is 3733-3827. Mustard seed prices ended with losses tracking weakness in spot demand on expectation of higher supply. With the expectation of good crop in 2016/17, the new season supplies will be at higher size in the country. Sources projected new mustard crop between 6.5-7 million tons. In Alwar spot market in Rajasthan the prices dropped -64.4 Rupees to end at 3922 Rupees per 100 kg.