DALIAN: There is not much activity in the mung bean market, the price of imported mung beans is low, and the standard purchase volume for export has dropped. There are few orders from grain merchants, so we now purchase and process according to the demand and value the price based on quality. As the quality of Myanmar’s new oil mung bean declines, future prices follow suit. New mung beans are about to arrive recently. Pay attention to the arrival volume and market purchases, which may affect the spot price. The bean sprouts were not sold quickly as a whole, and the price was slightly weak, while the grassroots farmers were not active in selling grain at low prices. The price decline was limited in the short term.
Current Market Price in China for Mung Bean
Product Name | Chinese Mung Bean |
Size | 3.8 mm up |
Moisture | 16% max |
Package | 25 kg PP bag |
Purity | 99.5% |
Loading | 22mt /20GP |
Fob Dalian | Usd 1700-1730/mt |
Delivery | 20 days after the contract |