Wednesday, October 07, 2015

EPIC RESEARCH NCDEX RM SEED UPDATE OF 07 OCTOBER 2015

Rmseed trading range for the day is 4692-4904.
Mustard seed ended with losses tracking weakness in spot demand and other oilseed counters amid profit booking.
Downside seen limited due to expectation of weak sowing in coming Rabi as country has rainfall deficit of 14 per cent this monsoon.
NCDEX accredited warehouses mustard seed stocks dropped by 4760 tonnes to 54454 tonnes.

In the Alwar spot market in Rajasthan the price gained 11.95 rupee to 4932.65 rupees per 100kgs.

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