Wednesday, February 18, 2015

NCDEX AGRI COMMODITY NEWS UPDATE RM SEED 18 - FEB - 2015

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Rmseed trading range for the day is 3333-3441.
Mustard seed ended with gains on supply worries following weak sowing data.
As per latest reports from Oil World, the output of mustard in Europe is expected to decline near 15% to 205 lakh tons, the lowest level in past 30 years.
Mustard area coverage in All over India is 63.79 lakh Ha during Rabi 2014-15 and 67.00 lakh ha in 2013-14.


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