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Moong Traded Mixed in Major Mkts

28 Oct 2020 4:39 pm
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Mumbai (Commodities control) – Moong prices traded mixed, as per quality on Wednesday, in major markets amid limited mills' buying and ongoing arrivals.

Demand and sale counters in processed Moong reported slow participation.

Nafed has sold Kharif 2019 procured Moong at Rs 7,131/100Kg in Rajasthan and Kharif 2018 at Rs 5,476/100Kg in Telangana on 27th October.

Meanwhile, Government procurement of new Kharif Moong, at MSP, is snail-paced as good quality Moong prices traded above MSP of Rs 7,196 in spot markets.

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.

Arrivals and supplies stocked in godowns,meanwhile, are enough to offset current requirements.

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

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

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