Wednesday, 12 July 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 12 JULY 2017

Rmseed trading range for the day is 3597-3737. Mustard seed prices ended with losses tracking weakness in spot demand due to profit booking. Mustard prices have been under pressure this season due to record production in 2016/17 and higher imports of Mustard oil. NCDEX accredited warehouses mustard seed stocks dropped by 142 tonnes to 39417 tonnes. In Alwar spot market in Rajasthan the prices gained 19.3 Rupees to end at 3786.8 Rupees per 100 kg.

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