EPIC RESEARCH NCDEX RM SEED UPDATE OF 05 DECEMBER 2017

Rmseed trading range for the day is 4049-4215.Mustard seed dropped on profit booking after prices gained on strong demand and lower acreages. The all Indian area under mustard was at 5.55 million hectare compared to 6.13 million in last year, the government data showed. NCDEX accredited warehouses mustard seed stocks gained by 170 tonnes to 9244 tonnes. In Alwar spot market in Rajasthan the prices gained 25.75 Rupees to end at 4153.75 Rupees per 100 kg.

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