Tuesday, 31 October 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 31 OCTOBER 2017

Rmseed trading range for the day is 3838-3932. Mustard seed ended with losses due to profit booking after prices gained on hope of strong demand and lower supply. Last week, prices also seen supported by supply worries as unfavourable weather in Rajasthan delayed sowing operations. NCDEX accredited warehouses mustard seed stocks dropped by 92 tonnes to 5639 tonnes. In Alwar spot market in Rajasthan the prices dropped -25.75 Rupees to end at 3896.25 Rupees per 100 kg.



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