Wednesday 17 August 2016

EPIC RESEARCH NCDEX MUSTARD SEED UPDATE OF 17 AUG 2016

Rmseed trading range for the day is 4754-4894. Mustard Seed settled flat due to weak demand despite of supply worries. USDA reports global rapeseed production for 2016-17 forecast at 66.5 million tons, higher by 389,000 tons this month. NCDEX accredited warehouses mustard seed stocks dropped by 271 tonnes to 44661 tonnes. In Alwar spot market in Rajasthan the prices remains unchanged at0 rupees to end at 5003.5 rupees per 100 kg.
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