Mung Bean

Chinese Mung Beans: Prices Hit by Imported Goods

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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.

Mintec Global

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