Showing posts with label Rmseed Trading Tips. Show all posts
Showing posts with label Rmseed Trading Tips. Show all posts

Monday, 16 December 2019

Mustard Seed Prices Gained As Support Seen After Revival Of Fresh Buying

Rmseed trading range for the day is 4449-4511.

Mustard seed prices gained as support seen after revival of fresh buying by millers in physical to meet the likely demand of mustard oil.

Mustard seed crushing by mills in India jumped 22.2% on year to 550,000 tn in November

Currently, high moisture level in the soil due to prolonged rains in most part of India is likely to delay sowing of Mustard.

In Alwar spot market in Rajasthan the prices gained 64.35 Rupees to end at 4694.5 Rupees per 100 kg.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Thursday, 24 October 2019

Mustard Seed Gained As Sowing Of Mustard Seed Has Been Delayed

Rmseed trading range for the day is 4168-4308.

Mustard seed gained as sowing of mustard seed has been delayed due to late harvesting of kharif crops because of extended monsoon rains.

Hopes of hike in MSP for the next season also had a bullish impact on prices.

Minimum support price for mustard seed, is likely to be hiked to Rs 4,425 from Rs 4,200 a quintal.

In Alwar spot market in Rajasthan the prices gained 12.9 Rupees to end at 4346.9 Rupees per 100 kg.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Friday, 11 October 2019

Mustard Seed Prices Gained As Support Seen After Revival Of Fresh Buying

Rmseed trading range for the day is 4074-4132.

Mustard seed prices gained as support seen after revival of fresh buying by millers in physical to meet the likely demand of mustard oil.

India's Nov-Aug rapeseed oil imports slipped to 59,171 tons from 2.29 lakh tons a year ago due to higher prices in the global markets.

NAFED had procured around 1.08 million tonnes mustard seed harvested in 2018-19 under a price-support scheme.

In Alwar spot market in Rajasthan the prices remains unchanged by 0 Rupees to end at 4353.3 Rupees per 100 kg.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Friday, 20 September 2019

Mustard Seed Dropped Due To Expectation Of Rise In Mustard Seed

Rmseed trading range for the day is 3911-3971.

Mustard seed dropped due to expectation of rise in mustard seed acreage in upcoming sowing season.

Mills in India crushed 575,000 tn of mustard seed in August, up by 15% higher compared to previous month

USDA has scaled down its estimate for global oilseed production in 2019-20 to 586.0 mln tn from 597.7 mln tn

In Alwar spot market in Rajasthan the prices dropped -6.45 Rupees to end at 4121.55 Rupees per 100 kg.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Wednesday, 4 September 2019

Mustard Seed Prices Dropped Due To Expectation Of Better Crop Next Year

Rmseed trading range for the day is 3957-4017.

Mustard seed prices dropped due to expectation of better crop next year due to good rains. Rapemeal exports have been steady against higher stocks.

Mustard output last year is pegged at 93.4 lakh tonnes in 4th Advance estimate by Government, up from 87.8 lt in 3rd estimate.

Nafed has commenced the sale of PSS Mustard seed rabi 2019-20 in Madhya Pradesh from through NEML and MSTC portal.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Thursday, 22 August 2019

Mustard Seed Dropped As Demand From Millers Was Weak In Physical Market

Rmseed trading range for the day is 3921-3953.

Mustard seed dropped as demand from millers was weak in physical market amid increase in arrivals.

As per data released by MOPA, with the new season arrivals is just above 50 lt.

USDA maintain export forecast of rapemeal to 9 lt and output in 2019/20 at 77 lt in its monthly report.

In Alwar spot market in Rajasthan the prices remains unchanged by 0 Rupees to end at 4076.5 Rupees per 100 kg.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Friday, 2 August 2019

Mustard Seed Prices Settled Flat Due To Sufficient Supplies

Rmseed trading range for the day is 3932-3962.

Mustard seed prices settled flat due to sufficient supplies and steady physical demand.

As per data released by MOPA, with the new season arrivals is just above 50 lt.

USDA maintain export forecast of rapemeal to 9 lt and output in 2019/20 at 77 lt in its monthly report.

In Alwar spot market in Rajasthan the prices dropped -12.9 Rupees to end at 4076.5 Rupees per 100 kg.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Tuesday, 16 July 2019

Mustard Seed Prices Gained Supported By Diminishing Supplies In Physical Market

Rmseed trading range for the day is 3918-3980.

Mustard seed prices gained supported by diminishing supplies in physical market and steady demand from millers.

Prices also seen supported on hopes of meal demand from China as it refused shipment from Canada.

Nil import of rapeseed oil for the third month in a row in May helped the mustard seeds prices to increase due to demand from crushing units.

In Alwar spot market in Rajasthan the prices gained 45.05 Rupees to end at 4121.55 Rupees per 100 kg.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Monday, 15 July 2019

Rmseed Trading Range For The Day Is 3896-3970

Rmseed trading range for the day is 3896-3970.

Mustard seed gained on hopes of meal demand from China as it refused shipment from Canada.

Further, higher procurement by National Agricultural Cooperative Marketing Federation of India limited the fall in prices.

India exported about 19519 tons of rape seed meals during month of May 2019 against the 120630 tons of prior month.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Monday, 8 July 2019

Mustard Seed Dropped On Profit Booking After Prices Gained On Hopes Of Meal Demand

Rmseed trading range for the day is 3900-4002.

Mustard seed dropped on profit booking after prices gained on hopes of meal demand from China as it refused shipment from Canada.

Further, higher procurement by National Agricultural Cooperative Marketing Federation of India limited the fall in prices.

NAFED had procured 754,707 tn mustard harvested in 2018-19, higher than 672,300 tn procured a week ago under the price support scheme.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Thursday, 4 July 2019

Mustard Seed After Prices Gained On Hopes Of Meal Demand From China

Rmseed trading range for the day is 3931-3971.

Mustard seed after prices gained on hopes of meal demand from China as it refused shipment from Canada.

Further, higher procurement by National Agricultural Cooperative Marketing Federation of India limited the fall in prices.

NAFED had procured 754,707 tn mustard harvested in 2018-19, higher than 672,300 tn procured a week ago under the price support scheme.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Thursday, 20 June 2019

Rmseed Trading Range For The Day Is 3885-3941

Rmseed trading range for the day is 3885-3941.

Mustard seed prices dropped on profit booking after prices gains on hopes of meal demand from China as it refused shipment from Canada.

Lower than expected 2018-19 output and increased buying by NAFED gave a boost to prices.

NAFED bought 9.93 lakh tons of mustard seeds as against 8.71 lakh tons during 2018-19 fiscal year.

In Alwar spot market in Rajasthan the prices dropped -115.9 Rupees to end at 4076.5 Rupees per 100 kg.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Wednesday, 12 June 2019

Rmseed Trading Range For The Day Is 3861-3931

Rmseed trading range for the day is 3861-3931.

Mustard seed settled flat as demand from millers remained dull in physical.

Demand hope of rapeseed meal from China as the Asian nation is facing shortage of meal also supported prices.


Mustard output may be lower than earlier estimates due to adverse weather conditions during March.


For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Friday, 7 June 2019

Mustard Seed Prices Gained On Expectations Of Emergence Of Rapeseed Meal

Rmseed trading range for the day is 3927-3985.

Mustard seed prices gained on expectations of emergence of rapeseed meal from China.

Demand hope of rapeseed meal from China as the Asian nation is facing shortage of meal also supported prices.

Mustard output may be lower than earlier estimates due to adverse weather conditions during March

In Alwar spot market in Rajasthan the prices gained 51.5 Rupees to end at 4128 Rupees per 100 kg.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Monday, 6 May 2019

Rmseed Trading Range For The Day Is 3711-3747

Rmseed trading range for the day is 3711-3747.

Rmseed gained on short covering after prices dropped due to improvement in arrivals in physical and lower than expected buying by NAFED.

NAFED purchased nearly 3.37 lakh tons of mustard seeds in Rajasthan, Haryana and Madhya Pradesh.

India's 2018-19 mustard seeds output is projected at 8.4 million tons-a record.

In Alwar spot market in Rajasthan the prices dropped -90.15 Rupees to end at 3819 Rupees per 100 kg.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Wednesday, 27 March 2019

Jeera Gained On The Back Of Increased Buying As A Result Of Lower Output

Jeera trading range for the day is 15445-15635.

Jeera gained on the back of increased buying as a result of lower output amid lower acreage in Gujarat.

Demand for good quality new crop is gradually picking up.

India's cumin seed output is set to touch 4,16,000 tons for 2019, about 9% higher than the previous year.

In Unjha, a key spot market in Gujarat, jeera edged up by 18 Rupees to end at 15811.1 Rupees per 100 kg.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Tuesday, 19 March 2019

Jeera Gained On Short Covering After Prices Drooped Tracking Weakness

Jeera trading range for the day is 15185-15545.

Jeera gained on short covering after prices drooped tracking weakness in spot demand due to expectations of higher output.

India's cumin seed output is set to touch 416,000 tons for 2018-19 season, about 9% higher than the previous year.

Amid increased production and a carryover stock of about 27,500 tons, the trade has set its eyes on the crop from international suppliers.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Monday, 11 March 2019

Mustard Seed Gained On Short Covering After Prices Dropped On Expectation

Rmseed trading range for the day is 3789-3897.

Mustard seed gained on short covering after prices dropped on expectation of higher production prospects this year.

Mustard production is forecast about 84 lakh tonnes, up 1% y/y, in second advance estimate for 2018-19 by Government.

As per SEA, the production will be higher by about 19% this season to over 81 lakh tonnes due to better climate and higher area.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Wednesday, 27 February 2019

Mentha Oil Trading Range For The Day Is 1590.9-1651.9

Mentha oil trading range for the day is 1590.9-1651.9.

Mentha oil spot at Sambhal closed at 1736.00 per 1kg. Spot prices was up by Rs.4.30/-.

Mentha oil dropped due to low demand at major physical centers.

Pressure also seen amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Thursday, 21 February 2019

Soyabean Prices Ended With Losses Tracking Weakness In Spot Demand

Soyabean trading range for the day is 3749-3825.

Soyabean prices ended with losses tracking weakness in spot demand amid higher production forecasts.

India’s soybean output is likely to rise by a staggering 38 per cent this year on a sharp increase in average yield across the country.

India’s total soybean output standing at 11.48 million tonnes during the ongoing harvesting season as compared to 8.36 million tonnes in the previous season.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Silver Trading Range For The Day Is 46112-46984

Silver trading range for the day is 46112-46984. Silver prices ended with losses as stocks traded higher ahead of the U.S.-China phase o...