EPIC RESEARCH NCDEX RM SEED UPDATE OF 23 OCTOBER 2015

Rmseed trading range for the day is 4968-5162.
Mustard seed gained on improved demand and on speculation of lower supply in international and domestic market.
There is good demand from traders and stockists on limited supplies, as there is anticipation of export demand for meal from China.
NCDEX accredited warehouses mustard seed stocks dropped by 1830 tonnes to 41283 tonnes.
In the Alwar spot market in Rajasthan the price dropped -47.95 rupee to 4992.55 rupees per 100kgs.


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