Thursday, 9 August 2018

EPIC RESEARCH NCDEX Rmseed UPDATE OF 9 August 2018

Rmseed trading range for the day is 4114-4168.

* Mustard seed dropped tracking weakness in spot demand on profit booking after prices gained due to reports of higher meal exports.

* The government has asked the NAFED to unload its stocks in the market but there are reports that the cooperative agency would not sell the seeds below MSP.

* NCDEX accredited warehouses mustard seed stocks dropped by 522 tonnes to 76137 tonnes.

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