Wednesday, October 23, 2013

EPIC AGRI COMMODITY UPDATE:RM SEED


Rmseed trading range for the day is 3628-3688.
Mustard seed ended with gains tracking firmness in spot prices but upside was seen limited due to weak export demand
The recent hike in MSP for RMSeed along with the recent rains in growing states could help increase the sowing prospects
Technically market is under fresh buying as market has witnessed gain in open interest by 1.04% to settled at 38870
In the Alwar spot market in Rajasthan the price gained 12.9 rupee to 3674.4 rupees per 20kgs.

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