Moong May Trade Steady Until Summer Crop Starts In April

Cash moong market trades steady to slightly firm as arrivals are decreasing. Now summersowing is on & arrival from this crop is expected in April-May. So, steady tone may prevail in Feb & March despite weak demand for daal. Thereafter, monsoon rains in June and July would be driving force for price. We expect good crop as M.P. has benefits of good rains and moisture in the field.