EPIC RESEARCH NCDEX UPDATE OF RMSEED 1 DECEMBER 2017

• Rmseed trading range for the day is 4068-4190.
  
• Mustard seed prices gained on expectation of good winter demand after increase in import duty for the edible oils.
• As per rabi sowing report from the government, the area under mustard was at 51.4 lakh ha, down from 57.9 lakh ha a year ago.
• NCDEX accredited warehouses mustard seed stocks gained by 484 tonnes to 8823 tonnes.
• In Alwar spot market in Rajasthan the prices gained 19.3 Rupees to end at 4128 Rupees per 100 kg.

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