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Epic Agri Commodity Update: Rm Seed

Discussion in 'Technical Analysis' started by Epicresearch, Mar 13, 2013.

  1. Epicresearch

    Epicresearch Active Member

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    RM Seed trading range for the day is 3423-3513. Mustard seed ended lower due to profit booking amid mounting supplies in local mandies and bearish trend in other oilseeds. Further moderation looks on cards for rape mustard seed and oil. The total arrivals of new mustard seed reported at 4.40 lakh bags, up 1.55 lakh bags. Total area under mustard seed at 6.45 mln ha as compared to the revised estimates of the government at 6.58 mln ha
     
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