EPIC RESEARCH NCDEX RM SEED UPDATE OF 06 MAY 2016

Rmseed trading range for the day is 4387-4511.
Mustard prices dropped on weak demand from crushing units following availability of adequate stock.
As per Gujarat Govt, rape seed production is likely to be at 306,000 tons compared to 298,000 tons estimated in Feb-16.
NCDEX accredited warehouses mustard seed stocks gained by 624 tonnes to 46150 tonnes.
In Alwar spot market in Rajasthan the prices gained 45.05 rupees to end at 4443.45 rupees per 100 kg.


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