Tuesday, March 22, 2016

EPIC RESEARCH NCDEX MUSTARD SEED UPDATE OF 22 MARCH 2016

Rmseed trading range for the day is 3807-4039.

Mustard seed prices ended with gains tracking firmness in spot demand amid supply worries.

According to USDA, rapeseed production in India will be lower at 60 lakh
tonnes compared to 63 lakh tonnes last year.              

India's rape seed oilmeal exports plunged 84.32% to 9,803 tons in February
compared to 62,545 tons for the corresponding period a year earlier.   

In the Alwar spot market in Rajasthan the price dropped -53.95 rupee to
3650.55 rupees per 100kgs

 
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