Moong, which had been ruling steady for the past sometime on subdued demand, gained Rs 100 on Wednesday on rise in demand and slack arrival.

In Indore mandis, moong (bold) perked up to Rs 5,300-5,400 a quintal, while moong (medium) rose to Rs 4,600-4,700.

Moong prices remained range-bound at Rs 5,000-5,200 on subdued demand and it was only in the past two weeks moong gained Rs 200 on improved demand and buying support.

Moong dal has been ruling stable amid slack demand. On Wednesday moong dal (medium) in local mandis ruled stable at Rs 6,000-Rs 6,100, moong dal (bold) at Rs 6,700, while moong mongar ruled at Rs 7,000-7,200 respectively.

On strong buying support to cheap imported tur, is now seeing a revival in its prices after NAFED started procuring tur from some States at Rs 3,850. As a result, tur (Maharashtra) prices which had plummeted to Rs 3,800 is currently ruling at Rs 4,050-75.

Tur (Madhya Pradesh) has risen to Rs 4,600-4,800.

With report of decline in sowing area of tur by 25 per cent in Bihar, Madhya Pradesh, Maharashtra, Karnataka and Andhra Pradesh, tur output in the current year is expected to fall to 23-24 lakh tonnes from 32-34 lakh tonnes last year.

Tur dal also ruled stable on weak demand with tur dal (full) being quoted at Rs 5,900-6,000, tur dal (sawa no.) at Rs 5,200-5,300, tur marka ruled at Rs 6,300.

(This article was published on January 23, 2013)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.