EPIC RESEARCH NCDEX RM SEED UPDATE OF 03 AUGUST 2017

Rmseed trading range for the day is 3714-3750. Mustard seed settled flat due to weak demand from the oil mills on higher supplies and lower prices of mustard oil in domestic market. Millers crushed around 11% of the total rape/mustard seed arrived till July 31 on strong demand ahead of festive season.NCDEX accredited warehouses mustard seed stocks dropped by 312 tonnes to 32627 tonnes. In Alwar spot market in Rajasthan the prices dropped -1 Rupees to end at 3818 Rupees per 100 kg.



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