Moong: Trading seen profitable - 11 June, 2016

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Now arrival of moong has been remained very low in Allahabad and Kanpur lines which the price rose by Rs 150 due to strong buying from dal mills. Consequently, moong in Delhi increased by Rs 100 / 200 to Rs 6500 owing to thin arrival from the producing regions.
Although about 37 containers of moong landed at Navsewa port, but no stock is in the pipe line & domestic crop is estimated to be lower. Seeing this, it is expected to rise by Rs 200 in the next 1-2 days.

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