Moong Traded Weak in Selective Mkts

Mumbai (Commodities control) – Moong prices remained weak in the range of Rs 100-200/100Kg, as per quality on Wednesday, in selected markets amid thin mills' buying.

Demand and sale counters in processed Moong reported slow participation.

New summer crop Moong likely to began from March end-April in Madhya Pradesh.

Moreover, summer crop will also arrive in Gujarat from May 1st week. Arrivals of new crop will also witnessed in Andhra Pradesh and Odisha in near future.

Farmers were still holding kharif crop Moong in Madhya Pradesh and Rajasthan.

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

The Directorate General of Foreign trade (DGFT) has allotted quota for import of 1.5 Lakh MTs of moong for the fiscal year 2020-21, until 31st March 2021.

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



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