Friday, 8 December 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 08 DECEMBER 2017

Rmseed trading range for the day is 3994-4098. Mustard seed dropped tracking weakness in spot demand amid higher inventories with the traders. Rajasthan is the largest mustard growing state but the sowing pace is slower than last year at 20.3 lakh ha Vs 27.3 lakh ha NCDEX accredited warehouses mustard seed stocks dropped by 424 tonnes to 9592 tonnes. In Alwar spot market in Rajasthan the prices dropped -45.05 Rupees to end at 4076.5 Rupees per 100 kg.



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