Commodities

Rising arrivals may pound moong

Our Correspondent Indore | Updated on April 30, 2014 Published on April 30, 2014




Sluggish trend continued in pulses and pulse seeds on weak buying. Downtrend continued in tur with rise in arrival of new crop in local mandis. Tur (Maharashtra) on Wednesday declined to ₹4,475-Rs 4,500 (down ₹25), while tur (Madhya Pradesh) was quoted at ₹3,800-3,900 a quintal. Tur dal ruled steady at ₹6,400-6,700, tur dal (sawa no) at ₹5,900-Rs 6,100, while tur marka ruled at ₹6,800-7,100 a quintal. Downtrend also continued in moong as arrival of summer crop is gaining momentum. On Wednesday, moong (bold) declined to ₹6,500-6,900 (₹7,200-7,400). Similarly, moong (medium) slipped to ₹5,800-6,200 (₹6,500-6,800) with arrivals outstripping demand. On Wednesday, 300-400 bags of new moong were offloaded in local mandis. With further rise in arrival , sluggish trend in moong is likely to continue, said a trader

Moong dal (medium) was ₹8,300-8,500, moong dal (bold) at ₹8,700-8,800, while moong mongar ruled at ₹9,600-9,800.

Urad (bold) was being quoted at ₹4,800-4,900, while urad (medium) ruled at ₹4,200-4,500. Urad dal (medium) was ₹5,300-5,600, urad dal (bold) at ₹6,600-7,000, while urad mongar ruled at ₹6,000-6,400 a quintal.

Published on April 30, 2014
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