Friday, 27 October 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 27 OCTOBER 2017

Rmseed trading range for the day is 3918-3984. Mustard seed prices dropped tracking weakness in spot demand on profit booking after prices gained on supply worries. Due to hot weather in Rajasthan, 25% of mustard sowing was completed by farmers compared to 70% sowing reported in the same period a year ago. NCDEX accredited warehouses mustard seed stocks dropped by 121 tonnes to 9218 tonnes. In Alwar spot market in Rajasthan the prices remains unchanged by 0 Rupees to end at 3973.5 Rupees per 100 kg.

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