EPIC RESEARCH NCDEX RM SEED UPDATE OF 1 JUNE 2017

Rmseed trading range for the day is 3490-3624.Mustard seed gained as prices recovered on short covering after remained under pressure earlier amid steady arrivals and weak demand.Rape/mustard seed's exports during April dropped by 51.69% to 6,842 tons as compared to 14,163 tons in April 2015.NCDEX accredited warehouses mustard seed stocks gained by 91 tonnes to 41192 tonnes.In Alwar spot market in Rajasthan the prices gained 25.75 Rupees to end at 3664.5 Rupees per 100 kg.

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