Rmseed On NCDEX Settled Up 0.44% At 3925

Rmseed on NCDEX settled up 0.44% at 3925 tracking firmness in spot demand on winter season demand hope. Demand for rm seed generally rise in cold weather as CPO solidifies in winter season. Howevert upside seen limited amid rise in sowing area of mustard crop in the country this year. Meanwhile, the upcoming mustard crop forecast calls for rains next week in Punjab, Haryana, Madhya Pradesh, Uttar Pradesh and north Rajasthan mustard growing areas which will be beneficial for the crop.

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