EPIC RESEARCH NCDEX UPDATE OF RMSEED 24 OCTOBER 2017

• Rmseed trading range for the day is 3861-3961.
  
• Mustard seed prices dropped tracking weakness in spot demand despite of higher meal exports and increasing demand for winter crushing.
• As per SEA data, during Nov-Sep, import of mustard oil sharply down to 2.55 lakh tonnes from 3.33 lakh tonnes a year ago.
• NCDEX accredited warehouses mustard seed stocks dropped by 1543 tonnes to 9812 tonnes.
• In Alwar spot market in Rajasthan the prices gained 51.5 Rupees to end at 3922 Rupees per 100 kg.

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