Thursday 21 June 2018

EPIC RESEARCH NCDEX MUSTARD SEED UPDATE OF 21 June 2018

Rmseed trading range for the day is 3957-4013.

Mustard seed settled flat due expectation of good meal and crushing demand after government increase import duty on soft edible oil by 10-15%.

According to SEA latest export report, mustard meal exports during first 5 months of 2018 is higher by 164% on year due to higher demand from South Korea.

NCDEX accredited warehouses mustard seed stocks gained by 88 tonnes to 98258 tonnes.

In Alwar spot market in Rajasthan the prices gained 32.2 Rupees to end at 4115.15 Rupees per 100 kg.

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