DALIAN: This week, the stock of mung beans in many wholesale markets has improved compared with the previous period. Because some merchants continue to stock up on their old stocks. There is no noticeable price increase and some merchants purchase appropriate amounts according to the stock situation.
Currently the Myanmar mung beans are challenging to arrive at the Yunnan port. Importers’ quotations have risen, so the price of mung bean in some wholesale markets has risen slightly. Downstream merchants need to purchase. Grain merchants are processing on demand. At present, there are not many grassroots supply in most production areas, and the supply of high-quality goods is tight, and it is difficult for grain merchants to supply goods, which supports the stabilization of mung bean prices.
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 1660-1700/mt |
| Delivery | 20 days after the contract |