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Moong Traded Firm in Selective Mkts Of Maharashtra/Rajasthan

26 Oct 2020 6:25 pm
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Mumbai (Commodities control) – Moong prices traded firm Rs 100-200, as per quality, in selected markets of Maharashtra and Rajasthan on Monday, amid mill buying on immediate requirement for crushing against ongoing arrivals.

However, Demand and sale counters in processed Moong reported slow participation.

Moreover, trade activity was also thin today as major markets of Madhya Pradesh, Uttar Pradesh and Karnataka was closed due to festive Dussehra.

Nafed has sold Kharif 2019 procured Moong at Rs 7,136/100Kg in Rajasthan on 24th October.

Meanwhile, Government procurement of new Kharif Moong, at MSP, is snail-paced.

Buyers are interested in good quality supplies. No arrivals pressure of new crop has been witnessed yet. Yield and quality of new Moong is affected due to rains in major producing centers. Moreover, crop is reportedly damaged due to Yellow Mozaic disease and locust attacks in Rajasthan.

Farmers continue to be in possession of the stock and eagerly wait for government agencies to commence procurement. Arrivals and supplies stocked in godowns,meanwhile, are enough to offset current requirements.

As per market talk, Moong prices will depend on government procurement quantity at MSP.

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

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

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