Weekly Review- Moong

18-Jan-2025 09:04 PM

Moong prices remain strong as buying continues

Weekly Review: Moong Prices

Overview: Moong prices have remained strong this week, bolstered by sustained demand and weakened selling activity. Stockists and dal millers have played a key role in supporting the market, leading to price increases across several key regions.

Delhi:

  • Moong prices saw an increase of Rs. 200 per quintal, reaching Rs. 7500–8200 per quintal by the week's end.

Rajasthan:

  • A surge in buying, along with weakened selling from stockists, resulted in price hikes of Rs. 100–200 per quintal.
  • Market prices by the weekend:
    • Jodhpur: Rs. 6500–7800
    • Jaipur: Rs. 7400–8100
    • Sumerpur: Rs. 6500–8000
    • Nagaur: Rs. 7300–8200
    • Merta: Rs. 7000–8300
    • Kishangarh: Rs. 6000–7700

Madhya Pradesh:

  • Strong demand drove a price increase of Rs. 100–200 per quintal.
  • Prices at the weekend:
    • Pipariya: Rs. 5500–7600
    • Indore: Rs. 7500–8300
    • Kareli: Rs. 5600–7878
    • Jabalpur: Rs. 5000–7000

Karnataka:

  • Prices rose by Rs. 200–300 per quintal due to higher buying activity.
  • Weekend prices:
    • Gulbarga: Rs. 4500–8500
    • Bidar: Rs. 7067–7869
    • Hubli: Rs. 5720–7170
    • Gadag: Rs. 5984–7729

Maharashtra:

  • Increased demand led to a Rs. 100–200 per quintal rise in prices.
  • Prices by the weekend:
    • 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:

  • No movement in prices due to sluggish demand, with prices remaining steady at Rs. 7000–8200 per quintal.

Moong Dal:

  • Moong dal prices have risen by Rs. 100–300 per quintal due to the increase in moong prices and higher demand.
  • Current prices:
    • Delhi: Rs. 10,000–12,200
    • Jodhpur: Rs. 9950–10,000
    • Jaipur: Rs. 9900
    • Bhatapara: Rs. 9700–10,200
    • Jalgaon: Rs. 10,100
    • Indore: Rs. 9200–10,200

Summary: Moong prices have seen consistent upward movement across most major producing regions, supported by strong demand and active participation from stockists and dal millers. While prices in some markets like Rajkot have remained stable, the overall market trend continues to reflect a bullish sentiment. Moong dal has also seen price increases in line with the rise in moong prices.

Latest News