EPIC RESEARCH NCDEX RM SEED UPDATE OF 07 AUGUST 2017

Rmseed trading range for the day is 3643-3715. Mustard seed ended with flat node tracking weakness in spot demand amid high stock levels. # As per SEA recent data, mustard oil imports for period Nov-May increase 5% to 1.18 lt in 2016/17 from 1.72 lt in the previous year. NCDEX accredited warehouses mustard seed stocks dropped by 707 tonnes to 30850 tonnes. In Alwar spot market in Rajasthan the prices dropped -51.5 Rupees to end at 3767.5 Rupees per 100.

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