DALIAN: This week, logistics and transportation in some parts of the Northeast were restricted due to the epidemic, and grain merchants in most areas of Jilin have suspended shipments; there is no clear quotation. Due to the increase in transportation costs in Inner Mongolia, downstream merchants are generally less motivated to purchase. Some grain merchants have completed small orders, and some have few orders. Due to the high purchase price, grain merchants are not active in purchasing, and some farmers are reluctant to sell at low prices, which supports the price of sprouts.
It is expected that the impact of short-term logistics and transportation will continue. The purchase and sale of domestic mung beans in Jilin will remain stagnant for the time being. In Inner Mongolia, high prices will not be accepted, and low prices will not be sold.
Current Market Price in China for Mung Bean
| Product Name | Chinese mung bean |
| Size | 3.8mm up |
| Moisture | 16% max |
| Package | 25kg PP bag |
| Purity | 99.5% |
| Loading | 22mt /20GP |
| Fob Dalian | Usd 1690-1730/mt |
| Delivery | 20 days after the contract |