Mumbai, 11 Apr 2024 (Commoditiescontrol):Moong prices have exhibited remarkable stability over the past two weeks, with major market prices fluctuating within a contained range for the past month. Market analysts attribute this stability to a comfortable balance of supply and demand—plentiful supply due to NAFED (National Agricultural Cooperative Marketing Federation of India) sales and consistent market demand.
Trading activity slowed noticeably due to market closures due to Eid.
Market experts predict continued price stability in the immediate future. However, any slowdown in NAFED sales has the potential to cause a temporary price increase. The encouraging pace of summer crop sowing points towards a plentiful harvest, which should act as a counterbalance and prevent significant long-term price surges.
Spot Moong Prices In Key Indian Markets:
(By Commoditiescontrol Bureau; +91-9820130172)
0 Comments 
Post Comment 
