EPIC RESEARCH NCDEX UPDATE OF MUSTARD SEED 23 JANUARY 2017

Rmseed trading range for the day is 3878-3978. Mustard seed ended with losses on forecast of higher output and yields. According to Ministry of Agriculture, around 6.956 million hectare has been planted which is up by 11% on year for the same duration. NCDEX accredited warehouses mustard seed stocks dropped by 20 tonnes to 3054 tonnes. In Alwar spot market in Rajasthan the prices remains unchanged at0 rupees to end at 4334 rupees per 100 kg. 

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