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RM seed decline on surging warehouse stocks

August 23, 2007 00:00
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RM seed futures are trading under pressure on increasing inventories in exchange accredited warehouses. As on 21st August, RM seed stock in NCDEX warehouses stood at 72628 MT, increased from 69207 MT in 20th August.

NCDEX RMseed September contract has varied in range of Rs 439.40 – Rs 435.50 and last traded at Rs 436, down by 0.60% at 12:02 pm IST.
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