Chinese Organic mung beans: Prices are stable during the Spring Festival

DALIAN: Before the holiday, the organic mung bean market did not sell quickly. Some merchants replenished a small amount of imported mung beans before the holiday. The supply of mung beans has recently arrived. Some merchants are not in a hurry to load vehicles due to low logistics before the holiday. The orders of grain merchants in the production area are coming to an end. Recently, grain merchants have successively entered the stage of shutdown and holiday. At present, the supply of domestic imported mung beans is sufficient, the market demand has not improved before the festival, and the price is mainly running smoothly. Paying attention to the listing of Myanmar oil mung beans after the festival will affect the overall price of the commodity mung beans. There are still about 40% of the grain surplus at the grassroots level in the Northeast, and the market supply is acceptable. Before the Spring Festival, the downstream demand has not improved. We will pay attention to the market shipments after the festival.

Current Market Price in China for Organic Mung Bean