EPIC RESEARCH NCDEX UPDATE OF RAPE MUSTARD SEED 21 October 2016

Rmseed trading range for the day is 4514-4650. Mustard Seed settled flat on profit booking paring its gains seen earlier as demand is picking up due to approaching winter. However there is expectation of higher production in the next season, which encourage the traders to sell their stored mustard in the physical market. NCDEX accredited warehouses mustard seed stocks dropped by 461 tonnes to 9306 tonnes. In Alwar spot market in Rajasthan the prices gained 19.3 rupees to end at 4752.45 rupees per 100 kg. To get reliable and quality NCDEX Tips ✆ – 0731-6642300