Friday, 12 April 2019

EPIC RESEARCH NCDEX Rmseed UPDATE OF 12 April 2019



Rmseed trading range for the day is 3750-3798.

Mustard seed dropped amid higher production outlook for upcoming season driven by increased acreages.

Moreover, reports of lower export of mustard seed meal during month of March is also adding pressure to mustard seed prices.

Rape seed meal export from India during month of March, 2019 reported at 50964 MT, down by 36%.

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