EPIC RESEARCH NCDEX MUSTARD SEED UPDATE OF 16 MARCH 2016

Rmseed trading range for the day is 3892-4048.
Mustard seed prices ended with losses on weak demand for the seed in export market.
India's rape seed oilmeal exports plunged 84.32% to 9,803 tons in February compared to 62,545 tons for the corresponding period a year earlier.
According to USDA, rapeseed production will be lower at 60 lakh tonnes compared to 63 lakh tonnes last year.
In the Alwar spot market in Rajasthan the price gained 35.95 rupee to 3752.4 rupees per 100kgs.

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