Wednesday, September 11, 2013

EPIC AGRI COMMODITY UPDATE: RM SEED


Rmseed trading range for the day is 3430-3566.
Mustard seed dropped on rising soybean supplies in local spot markets, a drop in edible oil prices overseas and a strong rupee.
Supplies are rising in the local spot market. In the next fortnight there would be a significant rise in supplies.
NCDEX accredited warehouses mustard seed stocks dropped by 652 tonnes to 45229 tonnes.
In the Alwar spot market in Rajasthan the price dropped -51.5 rupee to 3558.5 rupees per 20kgs.

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