Wednesday, October 28, 2015

EPIC RESEARCH NCDEX RM SEED UPDATE OF 28 OCTOBER 2015

Rmseed trading range for the day is 4801-5121.
Mustard seed prices dropped as weakness in soyabean prices and subdued demand in the spot markets weighed.
However good festive season domestic demand amidst falling stocks is constantly undermining limiting the downside.
NCDEX accredited warehouses mustard seed stocks gained by 460 tonnes to 42289 tonnes.
In the Alwar spot market in Rajasthan the price dropped -47.95 rupee to 5136.35 rupees per 100kgs.


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