Wednesday, 5 July 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 05 JULY 2017

Rmseed trading range for the day is 3555-3693. Mustard seed gains tracking firmness in spot demand despite of good rains in Rajasthan which might have higher crop of mustard. The demand for mustard is expected to increase in coming weeks due to lower prices but higher stock levels in country is pressurizing prices. NCDEX accredited warehouses mustard seed stocks dropped by 101 tonnes to 39457 tonnes. In Alwar spot market in Rajasthan the prices remains unchanged at0 Rupees to end at 3690.25 Rupees per 100 kg.

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