farmer field beans Chinese Mung Beans: The Procurement Is More Difficult

Chinese Mung Beans: New Season Expectations

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Mung Bean

DALIAN: According to Zhuo Chuang Information, at present, the sales of mung beans in most domestic wholesale markets have declined, and the quotations of some merchants have dropped slightly. There are not many grassroots sources of goods, especially high-quality sources of goods, which reduce the output and increase the processing cost of grain merchants. At present, mung bean is growing well in most areas, the early mung bean has black pods, and most other areas are in the stage of flowering and pod formation.

Organic Mung Bean

Mintec Global

DALIAN: The rainy weather has led to a gradual decrease in the demand for organic mung beans, and some exporters’ quotations have fallen. If the market does not improve, the price will be weak. However, the supply of sprout beans at the grassroots level in the domestic production areas is not much, and the quality is declining. The increase in processing costs drives the price up. In the short term, the price is stable and slightly strong. We will pay attention to the growth of new grains in various places and the sale of old grains.

Current Market Price in China for Mung Bean

Product  Name Chinese Mung Bean Organic Mung Bean
Size 3.8mm up 3.8mm up
Moisture 16% max 16% max
Package 25kg PP bag 25kg PP bag
Purity 99.5% 99.5%
Loading 22mt /20GP 22mt /20GP
Fob Dalian Usd 1660-1700/mt Usd 1720-1750/mt
Delivery 20  days after the contract 20 days after the contract