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Moong (Mung bean) News - Lower Arrival Supports Cash Moong Market
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Lower Arrival Supports Cash Moong Market

Slight recovery is expected in moong cash market in coming weeks as arrival in Nagore,Harda,Gulbergaand Vijaywara is declining fast.Prices stayed steady to slightly weak as demand  for FAQ varieties weakened. Market is waiting for fresh demand. As supply side is weak, fresh demand from market may support moong market. Import remains restricted depite demand for import quota increase. It may help market to recover once again. As Nafed has stock (139908.41MT), intervention is expected in the event of any spike.