Thursday, 30 November 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 30 NOVEMBER 2017

Rmseed trading range for the day is 4018-4130.Mustard seed dropped on profit booking after prices gained on expectation of good winter demand after increase in import duty for the edible oils.As per rabi sowing report from the government, the area under mustard was at 51.4 lakh ha, down from 57.9 lakh ha a year ago.NCDEX accredited warehouses mustard seed stocks gained by 469 tonnes to 8339 tonnes.In Alwar spot market in Rajasthan the prices dropped -32.2 Rupees to end at 4108.7 Rupees per 100 kg.


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