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New Moong Trades Mixed In Karnataka/Maharashtra

14 Aug 2020 6:05 pm
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Mumbai (Commodities control) – New kharif Moong traded mixed in Karnataka and Maharashtra on Friday amid limited mill buying against arrivals with higher moisture content.

Current moisture content is reported between 15-22%. Buyers prefer to purchase Moong with lesser moisture at around 10-12%.

Similarly, summer crop old Moong traded mixed as per quality in major markets of Madhya Pradesh amid ongoing arrivals.

Moreover, demand and sale counters in processed Moong reported thin participation.

Moong demand in northern markets of Delhi, Bihar and Uttar Pradesh was slack. In these markets, supplies stocked in godowns are sufficient enough to offset current requirements.

Rains during harvesting period in Karnataka and Maharashtra may damage crop and quality of Moong. Damaged quality may pull down the Moong prices.

Arrivals pace of new kharif Moong is likely to increase from mid-August in Maharashtra/Karnataka along with Rajasthan from September/October.

Recent rains in Rajasthan are beneficial for Kharif Moong crop.

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

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

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