We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry. current time
Moong Market Faces Local Supply Pressure Despite Strong Export Values
Rajasthan’s moong market remains under pressure as heavy kharif arrivals combine with NAFED’s old-stock sales, keeping mandi prices below the government’s Minimum Support Price (MSP). The weakness in India contrasts with relatively stable-to-firm bean quotations in China, highlighting a domestic supply overhang rather than a broad-based global glut.
Around 63,000 tonnes of new-season moong have already reached Rajasthan mandis since early September, creating substantial selling pressure during the peak arrival period. NAFED’s sale of previously procured stocks at around ₹6,500 per quintal is adding another layer of supply and reinforcing bearish expectations in the physical market.
New-crop moong prices in Rajasthan averaged around ₹7,000 per quintal at the start of September before recovering to approximately ₹7,960 by September 17. However, prices remained well below the ₹8,780 MSP, leaving growers increasingly dependent on government procurement for price support.
The supply pressure comes despite a decline in Rajasthan’s moong acreage. The state cultivated an estimated 2.317 million hectares, about 13% below the targeted 2.65 million hectares. Nevertheless, favourable yields and rapid harvesting have concentrated large volumes in mandis within a short period.
Rajasthan is the country’s leading kharif moong-producing state, accounting for around 1.389 million tonnes in 2025, or nearly 72% of India’s total output. The combination of fresh arrivals, existing NAFED stocks and limited immediate demand is therefore weighing heavily on local prices.
China Bean Values Remain Mostly Steady
International bean markets are showing a different trend. At FOB Beijing, organic mung beans at EUR 1.55/mt and conventional 3.8 mm-up mung beans at EUR 1.48/mt were unchanged from the previous quotation.
Kidney bean prices were mixed but broadly range-bound. Dark red organic beans increased to EUR 1.54 from EUR 1.52, while large white beans remained at EUR 1.64. Black kidney beans eased to EUR 1.02 from EUR 1.04.
Adzuki beans posted modest gains, with organic red 5.0 mm-up beans at EUR 1.39 and non-organic varieties at EUR 1.31.
Stable offers from Brazil and the UK also indicate comfortable availability across several other bean categories, including kidney, fava and alubia.
The immediate direction of the Rajasthan market will largely depend on the scale and pace of government procurement. With mandi prices below MSP, stronger procurement could absorb part of the fresh crop and reduce pressure on farmers during the peak arrival season.
At the same time, NAFED’s dual role as a holder and seller of old inventories and a potential buyer of the new crop is adding uncertainty to market expectations.
The divergence between weak Indian moong prices and largely stable Chinese FOB bean values suggests that the current pressure is primarily India-specific and supply-driven. If policy permits greater exports, discounted Indian moong could become more competitive in overseas markets, although domestic procurement and stock-management decisions remain the dominant factors for prices in the near term.
