Mumbai, 07 Nov (Commoditiescontrol): Moong prices have shown an upward trend in Delhi's benchmark market, driven by consistent buying support. Other key markets also experienced a rise in prices; however, increased arrivals in centers such as Kishangarh, Gadag, Bidar, and Sedam struggled to attract buyers, resulting in a generally softer market tone. Quality concerns regarding current arrivals have emerged as a significant factor contributing to the price decline in these areas.
In Madhya Pradesh, NAFED auctioned moong at prices ranging from ₹6,911 to ₹7,829 per quintal. In Karnataka, the agency successfully procured 19,131 metric tonnes at ₹8,682 per quintal. Regional markets displayed a steady-to-soft trend, with moderate price decreases noted in Gadag, Bidar, and Sedam, while no quotes were available from Gulbarga, Yadgir, and Bagalkot.
In Delhi, moong from Rajasthan saw a rise for the second consecutive day, gaining ₹25 to trade between ₹6,650 and ₹7,650 per quintal. Meanwhile, prices for the Desi variety remained stable in Rajkot, Gujarat. In Maharashtra, markets in Latur and Jalgaon held steady, with 550 bags of moong arriving, exhibiting moisture content between 16% and 21%. Markets in Madhya Pradesh, such as Indore and Pipriya, also remained stable, while Narsinghpur registered an increase of ₹300 per quintal, recovering losses from the previous session. The Harda market strengthened as well, although no quotes were reported for Khirkiya.
India's total pulse output for the 2024-25 season is projected at 69.54 lakh tonnes, with moong contributing 13.83 lakh tonnes—significantly up from last year’s 11.54 lakh tonnes.
Looking ahead, moong prices may remain subdued due to a post-festival demand slowdown and increasing arrivals. However, substantial declines seem unlikely, as the market has already corrected over the past six months from a peak of around ₹9,000 in Jaipur. Ongoing government purchases and stockist buying should support price stability, preventing sharp drops in the near future.
Spot Moong Prices In Key Indian Markets:
(By Commoditiescontrol Bureau; +91-9820130172)
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