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.