Thursday, July 16, 2015

EPIC RESEARCH NCDEX RM SEED UPDATE OF 16 JULY 2015

Rmseed trading range for the day is 4175-4293.

Mustard seed ended with losses tracking weakness in spot demand and on weak export demand.

The All India Rabi mustard seed crop is expected lower at 51.6 lakh tonnes against 57.40 lakh tonnes of the last estimate for the current year.

NCDEX accredited warehouses mustard seed stocks gained by 110 tonnes to 65441 tonnes.

In the Alwar spot market in Rajasthan the price remains unchanged at0 rupee to 4321.55 rupees per 100kgs.
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