Monday, 11 December 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 11 DECEMBER 2017

Rmseed trading range for the day is 3959-4067. Mustard seed extended their losses due to heavy stocks in local mandies along with fragile crushing demand. Mustard seed acreage across India during current rabi season may fall compared to last year as warm weather and moisture stress in Rajasthan hit sowing operations. NCDEX accredited warehouses mustard seed stocks gained by 272 tonnes to 9864 tonnes. In Alwar spot market in Rajasthan the prices remains unchanged by 0 Rupees to end at 4076.5 Rupees per 100 kg.

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