EPIC RESEARCH NCDEX RM SEED UPDATE OF 16 MAY 2017

Rmseed trading range for the day is 3739-3811.Mustard seed prices ended with gains tracking firmness in spot demand on supply worries.However upside seen limited as procurement by government agencies prompted farmers to not to sell their produces in local mandis. NCDEX accredited warehouses mustard seed stocks gained by 667 tonnes to 38845 tonnes.In Alwar spot market in Rajasthan the prices gained 25.75 Rupees to end at 3793.25 Rupees per 100 kg.



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