NCDEX Mustard Seed likely to move in a range of 4092 4220
India, Oct. 18 -- Technically NCDEX Mustard Seed is getting support at 4117 and below same could see a test of 4092 levels and resistance is now likely to be seen at 4181 a move above could see prices testing 4220. Mustard Seed on NCDEX settled down by 0.79% at 4142 on profit booking after prices gained on 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 data from Solvent Extractors Association of India showed.NAFED had procured around 1.08 million tonnes mustard seed harvested in 2018-19 (Jul-Jun) under a price-support scheme. Out of total procurement NAFED had procure...
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