Tuesday 24 January 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 24 JANUARY 2017

Rmseed trading range for the day is 3897-3941. Mustard seed prices ended with losses tracking weakness in spot demand amid higher supply. Pressure also is seen amid oversupply woes as the upcoming mustard crop has entered into the prodding stage. NCDEX accredited warehouses mustard seed stocks dropped by 1074 tonnes to 1980 tonnes. In Alwar spot market in Rajasthan the prices dropped -90.1 rupees to end at 4243.9 rupees per 100 kg.

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