EPIC RESEARCH NCDEX RM SEED UPDATE OF 31 JANUARY 2018

Rmseed trading range for the day is 4087-4255. Mustard seed dropped tracking weakness in spot demand on profit booking after prices gained amid supply worries. Increasing disparity of Rs 1,500-3,000 per ton also kept mustard prices down due to muted demand from crushers. NCDEX accredited warehouses mustard seed stocks dropped by 149 tonnes to 7692 tonnes. In Alwar spot market in Rajasthan the prices gained 66.95 Rupees to end at 4091.95 Rupees per 100 kg.

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