Tuesday 15 March 2016

Agri RM seed prices declined on fresh arrival in the spot market

RM Seed Apr’16 futures at NCDEX platform yesterday opened on a positive note however it traded down for most part of the day. The prices closed down as higher arrivals of fresh RM Seed crops weigh on the prices.


For today, we expect RM Seed futures at NCDEX to trade on a lower note. The arrivals of fresh mustard crops are increasing at major physical markets in the major producing regions. Higher supplies of domestic mustard oil amid steady demand may pressurize its prices.

1 comment:

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