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Moong Prices Traded Mixed At Major Markets

1 Jun 2020 9:45 pm
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Mumbai (Commodities control) – Moong prices traded mixed as per quality on Monday, at major markets amid limited mills' buying support at higher rates for immediate requirement for crushing.

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

Stockiest are sidelined at current prices.

The Union Cabinet today approved minimum support price (MSP) for 14 kharif crops. The MSP for moong has been raised by Rs 146 at Rs 7196/Quintal.

In bilateral agreement with Mozambique, India will purchase 2 lakh tonnes of pulses from the African nation. Through the finacial year, imports of moong, peas and arhar will be undertaken. The imports would be undertaken through ports in Mumbai, Tuticorin, Chennai, Kolkata and Hajira. This pulses import would require origin certificate which will be verified by Mozambique's authorised agencies.

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 several districts of Rajasthan, MP and some other states.

In the Bundelkhand region, spread across UP and MP, summer moong crop has also been hit.

Several state governments, including Delhi, have issued advisory to farmers and taken steps to control damages. As on May 28, 377 spots, spread over 53,997 hectares, had been covered since the locust control operations started on April 11, the Union Agriculture Ministry claimed.

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

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

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