EPIC RESEARCH NCDEX UPDATE OF RMSEED 3 JANUARY 2019

• Rmseed trading range for the day is 3905-3977.
  
• Mustard seed prices dropped due to expectation of good production and concern over meal exports to China in coming season.
• India’s mustard acreage is likely to rise 6.5% on year to 6.7 mln ha in 2018- 19 (Jul-Jun), as per the average of the estimates.
• NCDEX accredited warehouses mustard seed stocks dropped by 181 tonnes to 4865 tonnes.
• In Alwar spot market in Rajasthan the prices remains unchanged by 0 Rupees to end at 4128 Rupees per 100 kg.

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