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Moong trades mixed in local markets amid slow offtake, low arrival

30 Jun 2022 5:47 pm
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Mumbai, 30 Jun (Commoditiescontrol): Moong prices traded mixed as per quality at select markets on limited mills buying, matching slow offtake of processed moong.

However, no arrivals pressure of summer crop moong seen as farmers are busy with Kharif sowing activity.

Moong prices are likely to get support at lower rates as the government is gearing up summer crop procurement.

Monsoon advance in producing belt has provided a breather in the current scenario for moong sowing done earlier, but rainfall remains below expectation in the rest of the area where sowing is yet to be done.

It may be noted that the sowing window for Moong is open till June end in major Moong producing and till July 15 in some areas.

The area under pulses during the Kharif season is likely to be less as farmers have opted for sowing other crops that are likely to offer higher returns.

Telangana 2022-23 Kharif Moong acreage was down 60.31% (as compared to the same period last year), as of June 29 at 18675 Vs 47053 last year. (Area in acres)

As on June 30, 2022, NAFED has procured 5,507 MT of Moong at MSP of Rs 7,275 under PSS during the 2022 Rabi season. Tamil Nadu:4,004 MT, Andhra Pradesh:745 MT and Odisha:659 MT.

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



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


       
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