Wednesday, 29 November 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 29 NOVEMBER 2017

Rmseed trading range for the day is 4007-4229. Mustard seed dropped on profit booking after prices gained as warm weather and moisture stress in Rajasthan cause lower acreages. Mustard acreage fell 7% to 5.13 million hectare until now due to lower sowing in Rajasthan- the largest producing state, agriculture ministry data showed. NCDEX accredited warehouses mustard seed stocks gained by 501 tonnes to 7870 tonnes. In Alwar spot market in Rajasthan the prices gained 38.65 Rupees to end at 4140.9 Rupees per 100 kg.



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