Friday, November 09, 2018

EPIC RESEARCH NCDEX UPDATE OF RMSEED 9 NOVEMBER 2018


  • Rmseed trading range for the day is 4172-4200. 
  • Rmseed prices dropped amid reports of higher sowing and persistent sale by NAFED amid weak demand in physical market. There are reports of higher sowing at 2.78 million hectares until November 2 versus 2.65 million hectares a year ago. 
  • NCDEX accredited warehouses mustard seed stocks dropped by 2346 tonnes to 11285 tonnes. In Alwar spot market in Rajasthan the prices dropped -20 Rupees to end at 4231 Rupees per 100 kg.

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