EPIC RESEARCH NCDEX RM SEED UPDATE OF 11 MAY 2017

Rmseed trading range for the day is 3703-3777. Mustard seed prices ended with losses on weak demand from crushers. Mustard seed arrivals across India dropped by 20,000 bags (80 kilogram per bag) on hoarding by farmers and subdued demand. NCDEX accredited warehouses mustard seed stocks gained by 503 tonnes to 36534 tonnes. In Alwar spot market in Rajasthan the prices gained 12.9 Rupees to end at 3754.65 Rupees per 100 kg.

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