EPIC RESEARCH NCDEX RM SEED UPDATE OF 02 MAY 2017

Rmseed trading range for the day is 3755-3839.Mustard seed gained on lower arrivals in local mandis and as investors covered short position at lower level.As per Rajasthan government's third advance estimate the state's rape-mustard seed production rose to 3.730 million tons.NCDEX accredited warehouses mustard seed stocks gained by 856 tonnes to 27737 tonnes.In Alwar spot market in Rajasthan the prices gained 10 Rupees to end at 3726 Rupees per 100 kg.

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