Monday, 17 July 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 17 JULY 2017

Rmseed trading range for the day is 3604-3756. 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 30 tonnes to 39237 tonnes. In Alwar spot market in Rajasthan the prices gained 12.85 Rupees to end at 3793.25 Rupees per 100 kg.



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