EPIC RESEARCH NCDEX RM SEED UPDATE OF 15 JANUARY 2018

Rmseed trading range for the day is 4033-4101. Mustard seed prices ended with gains on short covering tracking firmness in physical demand. The acreage of mustard was down 6% till last week at 65.3 lakh ha, as per latest rabi sowing report by the government. NCDEX accredited warehouses mustard seed stocks gained by 458 tonnes to 10880 tonnes. In Alwar spot market in Rajasthan the prices remains unchanged by 0 Rupees to end at 3973.5 Rupees per 100 kg.

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