Thursday, March 17, 2016

EPIC RESEARCH NCDEX MUSTARD SEED UPDATE OF 17 MARCH 2016


Rmseed trading range for the day is 3887-3989.
Mustard seed prices ended with losses on weak demand for the seed in export market.
Unseasonal rainfall and hailstorm may play spoilsport with the standing crops whose production estimates is expected to be higher in the current season.
Global rapeseed imports for 2015/16 are forecast 180,000 tons higher this month to 13.3 million, primarily based on an expectation of higher EU trade.
In the Alwar spot market in Rajasthan the price dropped -6 rupee to 3746.4 rupees per 100kgs.


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