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EPIC RESEARCH NCDEX MUSTARD SEED UPDATE OF 11 Nov 2016

Rmseed trading range for the day is 4583-4693. Mustard Seed dropped on profit booking after prices gained due to increase in demand from the industrial consumer for crushing as winter sets in. As per agriculture ministry data, all-India acreage of mustard in the ongoing rabi season was nearly 2.73 mln ha up 80% from a year ago. NCDEX accredited warehouses mustard seed stocks gained by 60 tonnes to 6034 tonnes. In Alwar spot market in Rajasthan the prices dropped -90.15 rupees to end at 4694.5 rupees per 100 kg.
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EPIC RESEARCH NCDEX MUSTARD SEED UPDATE OF 11 Nov 2016

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