Weekly Review- Moong

30-Dec-2024 07:49 PM

Moong prices rise due to better buying

The prices of Moong remained on the rise during the current week due to a combination of weakening selling at lower prices and better buying activity. Increased demand for Moong dal boosted the activity of dal millers, further supporting the upward price trend. This led to a significant price increase in several markets.

Delhi
In Delhi, Moong prices saw an increase of Rs. 200 per quintal, reaching Rs. 7200/7700 per quintal by the weekend due to better buying by dal millers.

Rajasthan
In Rajasthan, Moong prices rose by Rs. 100 to Rs. 200 per quintal due to a reduction in selling pressure from stockists and increased buying. By the end of the week, prices in various regions were:

  • Jodhpur: Rs. 6100/7350
  • Jaipur: Rs. 6800/7600
  • Sumerpur: Rs. 5500/7500
  • Nagaur: Rs. 7200/7950
  • Merta: Rs. 6800/7800
  • Kishangarh: Rs. 5700/7200

Madhya Pradesh
In Madhya Pradesh, the Moong prices remained stable, with no significant rise or fall in prices. Prices at the weekend were:

  • Pipariya: Rs. 5500/7500
  • Indore: Rs. 7500/8000
  • Kareli: Rs. 5000/5700
  • Jabalpur: Rs. 6500/7600

Karnataka
Karnataka witnessed a decline in Moong prices by Rs. 100 per quintal due to weak buying activity by dal millers. The prices were:

  • Gulbarga: Rs. 4500/8000
  • Bidar: Rs. 7112/7897
  • Hubli: Rs. 5800/7100
  • Yadgir: Rs. 5607/7389
  • Gadag: Rs. 6674/8209

Maharashtra
Moong prices in Maharashtra saw a rise of Rs. 100 to Rs. 200 per quintal due to increased demand. Prices by the end of the week were:

  • Solapur: Rs. 7200/8400
  • Latur: Rs. 6000/8200
  • Akola: Rs. 6550/8850
  • Barshi: Rs. 6000/7700
  • Ahmednagar: Rs. 6500/8000
  • Khamgaon: Rs. 5500/7000

Rajkot
In Rajkot, Moong prices remained stable with no significant movement, staying at Rs. 7000/8000 per quintal by the end of the week.

Moong Dal
The prices of Moong Dal declined by Rs. 100 to Rs. 200 per quintal, with sluggish demand impacting the market. The prices at the weekend were:

  • Delhi: Rs. 9550/11750
  • Jodhpur: Rs. 9250/9400
  • Jaipur: Rs. 9300
  • Bhatapara: Rs. 9700/10200
  • Jalgaon: Rs. 10000
  • Indore: Rs. 8900/9700

In summary, while Moong prices showed an upward trend in some regions, other areas, particularly Karnataka, saw a decline due to weak buying. Meanwhile, Moong Dal experienced a dip in prices due to sluggish demand.

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