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Declining Arrival Curbs Downtrend In Moong At Indore

29 May 2020 5:07 pm
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Indore (Commoditiescontrol) – : Decline in arrival in mandi across Nimar and in areas like Harda, Harsud, Nasrullaganj and Khirkia has arrested downtrend in moong with its prices in Indore and nearby mandis on Friday moving higher by Rs 250 at Rs 6,450-Rs 6,500 a quintal.

Increased demand in moong from Delhi line has also added to an uptrend in moong. According to Sanjay Agrawal, a local pulse trader, as soybean sowing season is approaching fast, farmers in Nimar and Malwa regions are busy preparing their farms for soybean cultivation. This has affected supply of moong in Nimar region, he said.

In addition to this, with the introduction of token system, only those farmers are taking their crops to mandis who have been alloted tokens. This has led to diminished arrival, said a Jitendra Patel, a farmer from Mandleshwar in Khargone district.

Masur also gained higher amidst increased demand from Bihar and Bengal with masur (bold) today rising by Rs 50 at Rs 5,400 a quintal.

(By Commoditiescontrol Bureau; +91-22-40015513)

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