Wednesday, August 30, 2017

EPIC RESEARCH NCDEX UPDATE OF MUSTARD SEED 30 AUGUST 2017


  • Rmseed trading range for the day is 3735-3801.
  • Mustard seed dropped on profit booking tracking weakness in spot demand as country receive good rains in Madhya Pradesh and Rajasthan.
  • However, downside seen limited on anticipation of good crushing demand on reports of nil imports recorded for mustard oil for July.
  • NCDEX accredited warehouses mustard seed stocks dropped by 71 tonnes to 28459 tonnes.
  • In Alwar spot market in Rajasthan the prices dropped -51.5 Rupees to end at 3870.5 Rupees per 100 kg.

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