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Moong Prices Steady Amid Balanced Supply and Demand

4 Jul 2024 6:04 pm
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Mumbai, 04 Jul (Commoditiescontrol): On Thursday, Moong prices remained stable, maintaining levels similar to previous sessions, while Moong dal prices showed no significant fluctuations due to balanced supply and demand. Over the past month, Moong prices in major markets have stayed within a broader range.

In Madhya Pradesh, Moong prices traded between Rs 7,500 and 8,000 per quintal, while in Rajasthan, they ranged from Rs 7,700 to 8,200 per quintal.At Indore market received 20 quintals more moong than usual, totaling 128 quintals.

According to sources, the current strong demand supports these prices. In Rajasthan, quality variations resulted in decline in prices in Nagur by Rs 100/quintal.

Prices are anticipated to remain within this broad range unless disrupted by a weather event. Should the government initiate procurement, prices may increase to the Minimum Support Price (MSP). In the absence of such intervention, prices are expected to remain below MSP.

Spot Raw Moong Prices In Key Indian Markets:


(By Commoditiescontrol Bureau; +91-9820130172)


       
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