EPIC RESEARCH NCDEX UPDATE OF RAPE MUSTARD SEED 24 October 2016

Rmseed trading range for the day is 4525-4587. Mustard seed prices dropped on subdued demand for meal in export market and on supply worries. The GAIN report forecast 2016-17 imports of rapeseed to China at 3.9 tonnes, above the USDA official forecast of 3.8 tonnes. NCDEX accredited warehouses mustard seed stocks dropped by 271 tonnes to 9035 tonnes. In Alwar spot market in Rajasthan the prices dropped -19.3 rupees to end at 4733.15 rupees per 100 kg. To get reliable and quality NCDEX Tips ✆ – 0731-6642300