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Moong prices dropped by Rs 150-200 a quintal in the last couple of days on rise in arrival of summer crop and weak buying support.
In the spot, moong new declined to Rs 4,000-4,200 a quintal, while moong (medium) slid to Rs 3,600-3,700 a quintal.
According to a trader, moong prices are expected to decline further in coming days with further rise in arrivals. Arrival of new summer moong in local mandis has gathered momentum with about 300-400 bags being offloaded in local mandis on Wednesday.
Moong dal prices, on the other hand, ruled stable with moong dal (average) being quoted at Rs 5,100-5,150 a quintal, while moong dal (bold) ruled at Rs 5,650-5,700. Moong mongar quoted at Rs 5,300-5,600 a quintal.
Tur down
Weak buying support dragged with the Maharashtra variety being quoted at Rs 3,775-3,800 a quintal (Rs 3,800-3,825).
Tur (Nimari) ruled steady at Rs 3,100-3,200.According to Mr Sanjay Bansal, a trader, a bullish trend is likely in tur despite traders holding adequate old stocks.Tur dal slipped with the full one being quoted at Rs 5,600-5,700 ( (Rs 5,800-5,900).
Masoor sluggish
The trend in masoor was sluggish on slack buying support. Masoor (bold), which perked up to Rs 3,600 a quintal on Tuesday on improved buying support, declined to Rs 3,550-3,375 a quintal. . Masoor dal (average) was quoted at Rs 4,000-4,025 a quintal and masoor dal (medium) at Rs 4,075-4,100 a quintal.
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