Friday 14 July 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 14 JULY 2017

Rmseed trading range for the day is 3623-3685. Mustard seed prices gains on reports of good physical demand and improvement in exports of meal during the first quarter of 2017/18. Mustard arrivals began in mid February, while supply started in March in full swing. Arrivals in mandies started shrinking in June due to beginning of lean season. NCDEX accredited warehouses mustard seed stocks dropped by 120 tonnes to 39267 tonnes. In Alwar spot market in Rajasthan the prices gained 10 Rupees to end at 3786.8 Rupees per 100 kg.



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