Login ID:
Partner Login
Contact Us : 7066511911

Moong Prices Traded Higher At Major Markets

29 May 2020 7:26 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commodities control) – Moong prices traded higher as per quality on Friday, at major markets amid mills' buying support at lower rates for immediate requirement for crushing.

Moreover, arrivals pressure has also slowed down at lower rates as farmers reluctant to sell at lower rates and also farmer in Madhya Pradesh are busy preparing their farms for soybean cultivation.

Millers from Delhi, Punjab, Maharashtra and Gujart were active in purchasing new Moong frpm Madhya Pradesh for immediate requirement for crushing at lower rates.

Meanwhile, demand and sale counter in processed Moong reported slowness.

Stockiest are sidelined at current prices.

Arrivals pressure of summer crop in Bihar/Jharkhand/Uttar Pradesh from 1st week of June may keep prices under pressure.

The locusts attack have hit the summer moong crop in the districts of Madhya Pradesh and Uttar Pradesh. The attack happened just when farmers were preparing for a good harvest of moong.

As per market talk, moong prices are likely to get support at lower rates due to lower kharif output and lesser availability with government agency and private traders. Millers will also prefer parity in crushing at lower rates.

Spot New Raw Green Gram (Moong) Prices In Key Indian Markets:

(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.