EPIC RESEARCH NCDEX UPDATE OF RAPE MUSTARD SEED 24 November 2016

Rmseed trading range for the day is 4580-4710. Mustard seed prices dropped on reports of good sowing progress and profit booking at higher levels. Govt increases mustard MSP by 350 rupees/100 kg to 3,700 rupees for FY16-17 which includes bonus of Rs.100 / quintals. NCDEX accredited warehouses mustard seed stocks dropped by 282 tonnes to 4858 tonnes. In Alwar spot market in Rajasthan the prices dropped -51.5 rupees to end at 4746 rupees per 100 kg. To get reliable and quality NCDEX Tips ✆ – 0731-6642300