Friday, March 20, 2015

NCDEX AGRI COMMODITY NEWS UPDATE RM SEED 20 - MARCH - 2015

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Rmseed trading range for the day is 3363-3411.
Mustard seed dropped due to weak demand for the rape seed in domestic market due to its higher prices.
In 2014-15, India’s mustard production is expected to be around 7.36 million tonnes, 1-1.2 million tonnes less than the previous year.
Mustard acreage is estimated eight per cent lower at 64.99 lakh hectares (lh), against 70.43 lh during the corresponding period a year ago


In the Alwar spot market in Rajasthan the price dropped -23.95 rupee to 3542.75 rupees per 100kgs. Visit Here

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