EPIC RESEARCH NCDEX RM SEED UPDATE OF 26 April 2017

Rmseed trading range for the day is 3746-3802.Mustard seed prices ended losses on weak demand and on oversupply woes.India is expected to produce around 6.5-7 mt of rape mustard seeds in 2016-17 as compared to 5.8 mt produced in 2015-16.NCDEX accredited warehouses mustard seed stocks gained by 896 tonnes to 24266 tonnes.In Alwar spot market in Rajasthan the prices dropped -25.75 Rupees to end at 3716 Rupees per 100 kg.

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