EPIC RESEARCH NCDEX RMSEED UPDATE OF 25 JULY 2016

Rmseed trading range for the day is 4903-5001. Mustard seed settled flat on profit booking at higher levels after prices gained on reports of good demand for crushing from industrial buyers.The better 2016- 17 crop outlook for Canada is partially offset this month by a reduction for the EU rapeseed crop, forecast down 600,000 tons. The mustard acreage had dropped by about 66,000 hectares to 64.51 lakh hectares in 2015-16 against 65.17 lakh hectares last year. In Alwar spot market in Rajasthan the prices dropped -25.75 rupees to end at 5029.25 rupees per 100 kg.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co