Mumbai, 20 Mar 2024 (Commoditiescontrol):rices of moong (green gram) in India's major markets have steadied, fueled by a balance of consistent demand and government-supported supply. Additionally, the high demand for moong seeds needed for summer sowing is lending support to the market prices.
Specific market reports indicate that prices in Merta have increased by Rs 200 per quintal. Prices in Pipariya also saw an uptick of Rs 200 per quintal, though they still trade lower than nearby markets. This steady demand for seeds suggests prices will remain stable at current levels.
Market analysts predict that moong prices will likely remain steady or see a slight increase due to consistent demand. However, any significant price surges are likely to be limited by the government's regular sales of moong and the upcoming harvest from new crops in Tamil Nadu (by the end of the month) and Orissa (next month).
Spot Moong Prices In Key Indian Markets:
(By Commoditiescontrol Bureau; +91-9820130172)
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