Mumbai, 10 Apr 2024 (Commoditiescontrol): Moong prices held steady today, extending a month-long trend of stability within a predictable range. Market analysts explain that this balance is due to demand meeting adequate supply, including ongoing market arrivals and sales managed by NAFED.
While prices are likely to remain stable in the near future, a potential slowdown in NAFED sales could lead to a brief spike in moong prices. However, robust summer crop sowing suggests a bountiful harvest on the horizon, which should ultimately limit any significant upward price movement.
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(By Commoditiescontrol Bureau; +91-9820130172)