Weekly Review- Moong

17-Aug-2024 07:25 PM

Moong prices fall due to pressure of arrivals

New Delhi. Moong prices have declined during the current week due to increased selling and pressure of moong arrivals. Arrivals of new moong have started in the producing markets of Karnataka and Maharashtra. In Gadag of Karnataka, 20000/22000 bags are arriving every day. Moong crop is strong this year in Karnataka and Maharashtra. Arrivals have also started increasing slowly in the markets of Maharashtra. Moong prices can fall further due to the pressure of increasing arrivals. Due to weak buying by dal millers, Delhi moong prices saw a decline of Rs 100 per quintal this week and the price remained at Rs 8000/8425 per quintal at the weekend.

Rajasthan

Due to weak demand, the price of moong in Rajasthan's mandis witnessed a fall of Rs. 100 per quintal during the current week and the price at the weekend became Jodhpur Rs. 6300/7700, Jaipur Rs. 7400/8400, Merta Rs. 7000/7800, Sumerpur Rs. 7000/7800, Nagaur Rs. 7300/7800 and Kishangarh Rs. 7000/7800 per quintal.

Madhya Pradesh

Due to weak demand, the price of moong in Madhya Pradesh witnessed a fall of Rs. 100/200 per quintal during the current week and the price at the weekend became Pipariya Rs. 7000/8100, Indore Rs. 7800/8000, Kareli Rs. 6100/8100, Jabalpur Rs. 6000/7500 and Khirkhia Rs. 8000/8200 per quintal.

Karnataka

Due to increased pressure of new moong arrivals in the producing markets and weak buying, Karnataka moong prices declined by Rs. 200/300 per quintal this week and at the end of the week, the prices remained at Gulbarga Rs. 6000/7500, Bidar Rs. 5965/8061 and Gadag Rs. 6453/8559 per quintal.

Maharashtra

Due to sluggish demand, Maharashtra moong prices declined by Rs. 100/200 per quintal during the current week and at the end of the week, the prices remained at Latur Rs. 6500/7600, Akola Rs. 7450/10300, Barshi Rs. 6000/7800, Ahmednagar Rs. 6000/8000 and Washim Rs. 6200/7200 per quintal.

Others

Due to the impact of all-round decline and sluggish demand, Jagraon moong of Punjab witnessed a decline of Rs. 100 per quintal this week and with this decline the price remained at Rs. 6000/8000 per quintal. Similarly, Rajkot moong declined by Rs. 300 per quintal and remained at Rs. 8000/9000 per quintal.

Moong Dal

Due to the impact of decline in moong and weak demand, the prices of moong dal witnessed a decline of Rs. 100 per quintal during the current week and the prices remained at Delhi Rs. 10400/13100, Jodhpur Rs. 9950/10250, Jaipur Rs. 10100, Bhatapara Rs. 9800/10300, Jalgaon Rs. 10400 and Indore Rs. 9000/10600 per quintal.