Thursday, February 09, 2017

EPIC RESEARCH NCDEX UPDATE OF MUSTARD SEED 9 FEBRUARY 2017

Rmseed trading range for the day is 3785-3887. Mustard seed prices ended with gains amid lower level buying after prices dropped on oversupply woes.  After a drop in output over the past two years, production of mustard is seen rebounding this year on the back of higher rabi acreage.  New crop arrivals have started in the small quantities in Madhya Pradesh and Rajasthan mandis amid weak demand. In Alwar spot market in Rajasthan the prices dropped -25.75 Rupees to end at 4102.25 Rupees per 100 kg. 
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