EPIC RESEARCH NCDEX RM SEED UPDATE OF 07 JANUARY 2016

Rmseed trading range for the day is 4163-4229.
Mustard seed ended with losses on weak export demand and on oversupply woes.
However, good sowing progress subdued demand for meal exports and record mustard oil imports also putting pressure on prices.
NCDEX accredited warehouses mustard seed stocks dropped by 260 tonnes to 8151 tonnes.
In the Alwar spot market in Rajasthan the price dropped -89.85 rupee to 4447.4 rupees per 100kgs.

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