RM Seed trading range for the day is 4031-4165. Market is looking to take support at 4070.7, a break below could see a test of 4031.3 and where as resistance is now likely to be seen at 4137.7, a move above could see prices testing 4165.3.
Mustardseed yesterday traded with the positive node and settled 1.31% up at 4110 on fresh buying by the traders on the back of firm demand in the spot markets amid limited arrivals from the fresh crop.
The total arrivals of Mustard seed increased by 10,000 bags at 2.10 lakh bags in major mandies. In the Sri Ganganagar spot market in Rajasthan the price edged up by 71.25 rupee to 4017.5 rupees per 20 kgs.
Limited arrivals of the Mustard seed were noticed in the markets. Arrivals for entire Rajasthan were about at previous day levels of about 75,000 bags. (1 bag = 1 quintal).
Mustardseed yesterday traded with the positive node and settled 1.31% up at 4110 on fresh buying by the traders on the back of firm demand in the spot markets amid limited arrivals from the fresh crop.
The total arrivals of Mustard seed increased by 10,000 bags at 2.10 lakh bags in major mandies. In the Sri Ganganagar spot market in Rajasthan the price edged up by 71.25 rupee to 4017.5 rupees per 20 kgs.
Limited arrivals of the Mustard seed were noticed in the markets. Arrivals for entire Rajasthan were about at previous day levels of about 75,000 bags. (1 bag = 1 quintal).
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