The prices of agricultural product including pulses and oilseeds are determined by supply and demand conditions in the market on a day-to-day basis. Apart from demand and supply conditions, availability of stocks and international prices are also affecting prices of agricultural product.
The average monthly wholesale price of Moong was Rs. 5145 per quintal in October, 2017. It has increased by 74 basis points to Rs. 5183 per quintal during November-2017 above October-2017. We have seen monthly growth of 1.76% in average monthly wholesale price of Moong from Rs. 5282 per quintal during Aug-2018 to Rs. 5375 per quintal during Sep-2018. The average monthly wholesale price of Moong was Rs. 5697 per quintal during November-2018, up by 5.3% versus Rs. 5410 per quintal during October-2018.
Maximum monthly growth of 5.3% and maximum price of Rs. 5697 per quintal have been observed in Nov-2018 in average wholesale price of Moong (Kharif Crop) during the period under consideration.
Note: Source: RAJYA SABHA SESSION – 247 UNSTARRED QUESTION No 1290; Data values are in Rs. Per Quintal; @: includes both kemels and pods.
Resource Title: All India Average Monthly Wholesale Price and Minimum Support Price (MSP) of major Kharif crops during 2017-18 and 2018-19 (From : Ministry of Agriculture and Farmers Welfare)