Wednesday, December 18, 2013

EPIC AGRI COMMODITY UPDATE: RM SEED


Rmseed trading range for the day is 3581-3701.
Mustard seed ended with losses on prospects of higher output due to greater coverage of the oilseed crop.
A higher area under cultivation kept rapeseed futures down as output prospects appeared bright.
The total production of mustard seed in the current year is likely to reach 74-75 lakh tonnes against 68 lakh tonnes of the last year
In the Alwar spot market in Rajasthan the price dropped -25.75 rupee to 3687.25 rupees per 20kgs.

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