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Moong prices move higher at Jalgaon, Indore; Mill demand improves

8 Aug 2022 6:06 pm
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Mumbai, 8 Aug (Commoditiescontrol): Moong prices moved higher, as per quality at Jalgaon, Indore, Jabalpur and Kishangarh markets due to immediate requirement for crushing.

On the other hand, Moong prices declined by Rs 50 at Rs 6,000-6,450/100Kg as per quality at Pipariya on increased arrivals of 10,000 bags (Each bag=100Kg).

New Kharif Moong traded at Rs 7,500-8,300/100Kg, as per quality with higher arrivals of 4500 bags at Gadag market (Each bag=100Kg). Arrivals of new Moong contain 15-18%.

At Bagalkot market, new kharif Moong traded at Rs 7,500-8,001/100Kg as per quality. It received improved arrivals of 2000 bags (Each bag=100Kg). Arrivals of new Moong contain 15-18%.

Nafed sold procured Kharif Moong-2020 at Rs 6,174-6,212/100Kg in Rajasthan on 5th August, 2022.

Meanwhile, Gujarat Kharif pulses sowing is down 21.26% during 2022 season. As on 8th Aug, 2022, the area under Moong cultivation stood at 70,407 hectares Vs 90,404 Ha, that's a decline of 22.12%, Moth cultivation reported at 13,251 Ha Vs 12520 ha (+5.84).

Excess rainfall last night at Moong producing belt of Maharashtra-Karnataka is likely to damage the crop and impact the yields adversely. A fresh rainfall is likely to cause more damage to recently sown and standing crops. Forecast of heavy rains in the coming weeks spell negative.

As on 8 Aug, 2022, NAFED has procured 8,153 MT of Moong at MSP of Rs 7,275 under PSS during the 2022 Rabi season. Tamil Nadu:4,250 MT, Odisha:3,173 MT and Gujarat:730 MT.

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



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


       
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