Friday 5 February 2016

EPIC RESEARCH NCDEX MUSTARD SEED UPDATE OF 05 FEBRUARY 2016

Rmseed trading range for the day is 3814-3952.
Mustard seed prices ended with gains after rabi sowing in India dropped, indicating supply worries.
According to Ministry of Agriculture rabi oilseed sowing is around 7.7 million hectare compared to 7.9 million hectare previous year same duration.
India's mustard output is seen rising for the first time in three years and top producing Rajasthan state could grow 3.5 million tonnes
In the Alwar spot market in Rajasthan the price gained 18 rupee to 3908.2 rupees per 100kgs.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co

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