EPIC RESEARCH NCDEX RMSEED UPDATE OF 1 AUGUST 2016

Rmseed trading range for the day is 4814-4946.Mustard seed ended with losses on the account of strong sowing progress of kharif oilseeds along with weak mustard meal export demand. As per official data, the overall sowing acreage of kharif oilseeds has been reported at 149.60 lakh hectares, up 6 % from last year. USDA report said that global rapeseed production for 2016-17 is forecast at 66.5 million tons, higher by 389,000 tons In Alwar spot market in Rajasthan the prices remains unchanged at0 rupees to end at 4952 rupees per 100 kg.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co