Mumbai, 12 Mar 2024 (Commoditiescontrol):Moong dal prices exhibited stability across major Indian markets today, reflecting routine trade patterns. Delhi, a significant consumption hub, maintained a steady price trend. Rajasthan's market mirrored this stability, with the exception of Merta City, where prices experienced a decline of Rs 100/quintal attributed to localized demand-supply dynamics.
Despite robust demand signals implying price steadiness, potential downward pressure on moong prices looms in the near term. Consistent government sales will contribute to ample market supply. Furthermore, the impending rabi moong harvest, anticipated to commence in the final week of March, is expected to exert additional influence on prices.
Spot moong Prices In Key Indian Markets:
(By Commoditiescontrol Bureau; +91-9820130172)