Login ID:
Partner Login
Contact Us : 7066511911

Declining Arrival Curbs Downtrend In Moong At Indore

29 May 2020 5:07 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

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)

  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  

Top | Post Comment  

Latest Market Commentary
Burma Urad SQ Variety Drops At Chennai; FAQ Variety In ...
Imported Masoor Weak In Major Mkts
Branded Processed Pulses At Mumbai APMC Market- 11th Ju...
Urad FAQ Variety Declines In Delhi
Burma Tur Remains Weak In Mumbai
Top 5 News
Booster Dose For Indian Textile Sector
Coriander Prices Weaken amid Dull Demand, Higher Produc...
Cotton Prices Steady-to-Weak in South Indian Markets
Burma Urad SQ Variety Drops At Chennai; FAQ Variety In ...
Cotton Prices Firm in Gujarat amid Improved Demand
Top 5 Special Reports
USD/INR (Jul 20) Counter-trend Bounce / Key Resistan...
USD/INR (Jul 20) Counter-trend Bounce / Key Resistan...
USD/INR (Jul 20) Weak Price Trend / More Downside Pr...
USD/INR (Jul 20) Bearish Breakout from a Descending ...
CBoT Soybean Reaches 4-Months High on Dry, Hot U.S. Wea...
Copyright © CC Commodity Info Services LLP. All rights reserved.