Thursday, March 23, 2017

EPIC RESEARCH NCDEX UPDATE OF MUSTARD SEED 23 MARCH 2017

  • Rmseed trading range for the day is 3859-4027. 
  • Mustard seed prices gained on supply worries following reports of unfavourable weather. 
  • India is expected to produce around 6.5-7 mt of rape mustard seeds in 2016-17 as compared to 5.8 mt produced in 2015-16. 
  • NCDEX accredited warehouses mustard seed stocks dropped by 60 tonnes to 60 tonnes. 
  • In Alwar spot market in Rajasthan the prices gained 51.5 Rupees to end at 3922 Rupees per 100 kg.
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