Wednesday, June 8, 2016

EPIC RESEARCH NCDEX RMSEED UPDATE OF 8 JUNE 2016



Rmseed trading range for the day is 4485-4615.
Mustard seed prices gained on supply worries in global market.
According to USDA's May report, global rapeseed production is forecast to decline in 2016/17 to 66.15 million tons.
NCDEX accredited warehouses mustard seed stocks gained by 122 tonnes to 50690 tonnes.
In Alwar spot market in Rajasthan the prices gained 25.75 rupees to end at 4552.9 rupees per 100 kg.
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