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EPIC RESEARCH NCDEX RM SEED UPDATE OF 17 MARCH 2017

Rmseed trading range for the day is 3797-3881.Mustard seed prices ended with gains tracking firmness in spot demand after prices dropped due to oversupply woes.India is expected to produce around 6.5-7 mln tns of rape mustard seeds in 2016-17 as compared to 5.8 mt produced in 2015-16.The demand for Indian mustard meal in the international market is down by 44 per cent for the FY 2016-17.In Alwar spot market in Rajasthan the prices gained 12.85 Rupees to end at 3767.5 Rupees per 100 kg.

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EPIC RESEARCH NCDEX RM SEED UPDATE OF 17 MARCH 2017

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