Wednesday 30 November 2016

EPIC RESEARCH NCDEX RMSEED UPDATE OF 30 Nov 2016

Rmseed trading range for the day is 4752-4826. Mustard seed dropped on profit booking after prices gained on improved demand and lower stockpiles of seed in local market. Mustard seed sowing rose to 5.08 million hectare from 4.25 million hectare due to favorable weather. NCDEX accredited warehouses mustard seed stocks dropped by 30 tonnes to 4378 tonnes. In Alwar spot market in Rajasthan the prices gained 12.9 rupees to end at 4810.4 rupees per 100 kg.

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