EPIC RESEARCH NCDEX UPDATE OF RAPE MUSTARD SEED 11 November 2016

Rmseed trading range for the day is 4583-4693. Mustard seed dropped on profit booking after prices gained due to increase in demand from the industrial consumer for crushing as winter sets in. As per agriculture ministry data, all-India acreage of mustard in the ongoing rabi season was nearly 2.73 mln ha up 80% from a year ago. NCDEX accredited warehouses mustard seed stocks gained by 60 tonnes to 6034 tonnes. In Alwar spot market in Rajasthan the prices dropped -90.15 rupees to end at 4694.5 rupees per 100 kg. To get reliable and quality NCDEX Tips ✆ – 0731-6642300