EPIC RESEARCH NCDEX RM SEED UPDATE OF 05 JUNE 2017

Rmseed trading range for the day is 3468-3594.Mustard seed dropped tracking weakness in spot demand on robust output in country.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 dropped by 10 tonnes to 41026 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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