EPIC RESEARCH NCDEX RM SEED UPDATE OF 22 MAY 2017

Rmseed trading range for the day is 3655-3717. Mustard seed prices ended with losses as pressure seen due to bumper production and subdued demand.Rape seed/mustard seed output in Rajasthan during 2016-17 is estimated at 3.73 million ton on the back of higher acreage.NCDEX accredited warehouses mustard seed stocks gained by 574 tonnes to 40336 tonnes.In Alwar spot market in Rajasthan the prices remains unchanged at0 Rupees to end at 3767.5 Rupees per 100 kg.

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