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Moong (Mung bean) News - Arrival Of Summer Moong May Put Pressure On Moong
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Arrival Of Summer Moong May Put Pressure On Moong

Arrival of the summer Moong crop is expected to hit the market from April. The crop conditionof moong in Odisha, M.P. & Bihar is normal to good. Arrival from the rabi crop is decreasing now. Demand is weak and prices are expected to decrease in the coming weeks. As there is a shortage of quality crops, prices are ruling around MSP. Stockists too have started offloading stock just ahead of the summer crop. Steady to slight weak tone may be seen during the next two to three weeks. Thereafter, monsoon rains and sowing of next crop would be the driving forces for prices. Prices may come down below MSP.