Wednesday 30 August 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 30 AUGUST 2017

Rmseed trading range for the day is 3735-3801. Mustard seed dropped on profit booking tracking weakness in spot demand as country receive good rains in Madhya Pradesh and Rajasthan. However, downside seen limited on anticipation of good crushing demand on reports of nil imports recorded for mustard oil for July. NCDEX accredited warehouses mustard seed stocks dropped by 71 tonnes to 28459 tonnes. In Alwar spot market in Rajasthan the prices dropped -51.5 Rupees to end at 3870.5 Rupees per 100 kg.



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