Thursday, 1 February 2018

EPIC RESEARCH NCDEX RM SEED UPDATE OF 01 FEBRUARY 2018

Rmseed trading range for the day is 4081-4215. Mustard seed prices dropped on profit booking after prices rose on reports good physical demand and lower production in coming rabi season.Mustard production in the Madhya Pradesh, is seen at 976,000 tn compared with 920,000 tn the previous year. NCDEX accredited warehouses mustard seed stocks dropped by 81 tonnes to 7611 tonnes.In Alwar spot market in Rajasthan the prices dropped -41.2 Rupees to end at 4050.75 Rupees per 100 kg.

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