Tuesday, 6 February 2018

EPIC RESEARCH NCDEX RM SEED UPDATE OF 06 FEBRUARY 2018

Rmseed trading range for the day is 4074-4176. Mustard seed prices dropped tracking weakness in soyabean prices and weak spot demand despite of lower acreages. India 2017-18 mustard seed acreages slumped to 6.68 million hectare compared to 7.06 million hectare in the same period a year ago. NCDEX accredited warehouses mustard seed stocks dropped by 1185 tonnes to 5641 tonnes. In Alwar spot market in Rajasthan the prices dropped -38.6 Rupees to end at 3960.65 Rupees per 100 kg.

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