Wednesday, March 07, 2018

EPIC RESEARCH NCDEX UPDATE OF RMSEED 7 MARCH 2018


  • Rmseed trading range for the day is 4097-4337.
  • Mustard seed prices ended with gains tracking firmness in spot demand amid good demand and lower production estimates.
  • Mustard acreage is down 5% on year at 66.7 lakh ha due to poor returns in the last one year.
  • Mustard acreage during 2017-18 fell to 6.68 million hectare from 7.05 million hectare due to adverse weather conditions at the time of sowing.
  • In Alwar spot market in Rajasthan the prices dropped -12.85 Rupees to end at 4037.9 Rupees per 100 kg.

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