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Moong Traded Unchanged in Major Mkts

27 Oct 2020 7:37 pm
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Mumbai (Commodities control) – Moong prices traded almost unchanged, as per quality on Tuesday, in major markets amid limited mills' buying and ongoing arrivals.

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

Nafed has sold Kharif 2019 procured Moong between Rs 7,152-7,213/100Kg in Rajasthan on 26th 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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