Wednesday, 7 June 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 07 JUNE 2017

Rmseed trading range for the day is 3512-3634.Mustard seed settled up on short covering tracking firmness in spot demand despite oversupply woes.Mustard seed output in Rajasthan during 2016-17 is estimated at 3.73 million ton on the back of higher acreage, according to third advance estimates.
NCDEX accredited warehouses mustard seed stocks dropped by 102 tonnes to 40934 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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