EPIC RESEARCH NCDEX MUSTARD SEED UPDATE OF 20 JANUARY 2017

Rmseed trading range for the day is 3875-3985. Mustard seed dropped on profit booking and on expectation of higher supply. The favourable climatic conditions this year have raised hopes of a bumper mustard crop in 2016-17. NCDEX accredited warehouses mustard seed stocks dropped by 88 tonnes to 3074 tonnes. In Alwar spot market in Rajasthan the prices dropped -12.9 rupees to end at 4334 rupees per 100 kg.

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