01/07/2025
📊 NAFED Greengram Price Update - Multi-State
🌱 Green Mung Bean Bulk Tender Results:
Key Price Points (Rs/Qtl):
• Highest Approved: Rs 6,714/qtl (Khinvsar-III-Hired CWC, Rajasthan)
• Second Highest: Rs 6,152/qtl (CWC Jhunjhunu, Rajasthan)
• Karnataka Rate: Rs 6,311/qtl (Gadag, Karnataka)
• Third Tier: Rs 5,107/qtl (CWC Sumerpur-Hired, Rajasthan)
• Mid-Range: Rs 5,050-5,051/qtl (Multiple CWC & RSWC, Rajasthan)
• Lower Range: Rs 4,331/qtl (CWC-Baran, Rajasthan)
Major Warehouses & Prices:
✅ Khinvsar-III-Hired CWC (RJ): Rs 6,714/qtl
✅ CWC Jhunjhunu (RJ): Rs 6,152/qtl
✅ Gadag (KA): Rs 6,311/qtl 🔥
✅ CWC Sumerpur-Hired (RJ): Rs 5,107/qtl
✅ CWC-Baran (RJ): Rs 4,331/qtl
⚠️ MARKET IMPACT ALERT:
📉 Supply Surge Expected: NAFED’s decision to offload inventory at lower rates will increase market supply significantly
💰 Mung Dal Prices to Drop: Higher green mung availability will reduce mung dal prices in retail markets
📊 New Crop Opening: Fresh crop prices likely to open much below MSP levels in open trade due to increased supply pressure
🎯 Trading Strategy: Market participants should prepare for bearish sentiment as government stocks flood the market
📈 PRICE TREND SUMMARY:
NAFED’s multi-state disposal (Rajasthan: Rs 4,331-6,714/qtl, Karnataka: Rs 6,311/qtl) signals aggressive inventory liquidation. This supply boost strategy will create downward pressure on market prices, with new crop likely to trade significantly below MSP, impacting farmer realizations and dal processing margins.
Season: Kharif 2024🌾
