EPIC RESEARCH NCDEX RM SEED UPDATE OF 06 DECEMBER 2017

Rmseed trading range for the day is 4047-4133. Mustard seed prices dropped tracking weakness in spot demand due to higher inventories with the traders. The acreage of mustard, another major rabi crop, was at 56 lakh ha, down from 61 lakh ha a year ago.NCDEX accredited warehouses mustard seed stocks gained by 292 tonnes to 9536 tonnes. In Alwar spot market in Rajasthan the prices dropped -25.75 Rupees to end at 4128 Rupees per 100 kg.



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