EPIC RESEARCH NCDEX RM SEED UPDATE OF 18 MAY 2017

Rmseed trading range for the day is 3727-3763.Mustard seed prices ended with gains on short covering amid 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 191 tonnes to 39318 tonnes. In Alwar spot market in Rajasthan the prices dropped -25.75 Rupees to end at 3767.5 Rupees per 100 kg.

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