Rmseed trading range for the day is 3931-4063. Mustard seed prices dropped due to profit booking after prices gained on improved demand in the physical market for winter demand. As per rabi sowing report from the government, the area under mustard is little lower than last year’s acreage at 26.57 lakh ha.

NCDEX accredited warehouses mustard seed stocks dropped by 193 tonnes to 1373 tonnes. In Alwar spot market in Rajasthan the prices gained 12.9 Rupees to end at 3986.4 Rupees per 100 kg.

SELL RMSEED DEC 2017 @ 3995 SL 4020 TGT 3970-3940.NCDEX.

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