3/07/2019 11:52:00 AM
- Rmseed trading range for the day is 3791-3841.
- Mustard seed gained on short covering after prices dropped on expectation of higher production prospects this year.
- Mustard production is forecast about 84 lakh tonnes, up 1% y/y, in second advance estimate for 2018-19 by Government.
- As per SEA, the production will be higher by about 19% this season to over 81 lakh tonnes due to better climate and higher area.
- In Alwar spot market in Rajasthan the prices dropped -51.5 Rupees to end at 3973.5 Rupees per 100 kg.
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