Last Updated : February 14, 2012 13:45
India rm seed to edge lower on ample supply
Mustard prices are forecast to remain on weaker note for today owing to increasing supplies across spot markets.
Fresh crop arrivals is gaining momentum across spot markets which might keep prices under pressure as stockists will wait for buying across spot markets.
Production estimates are still around 65 lakh tons compared to 70 lakh tons last year. Solvent Extractor’s Association survey is due during this might which would project clear estimates for mustard production for 2012.
Courtesy: Karvy Comtrade Ltd.
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NCDEX POTATOFAQAUG12 17 August 2012
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