Organic Mung Beans

Organic Mung Beans: Yield Is Reduced, Prices Are High

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DALIAN: The harvest of new mung beans in Inner Mongolia is basically over, and the progress of the harvest of new mung beans in Jilin is about 60%. This year’s new mung bean planting area has decreased by 56% compared with the previous year. Although the planting area and output have decreased compared with the previous year, the supply of new mung beans in the next three months will still be sufficient. The price of new mung beans is high after the listing. Most downstream traders and sprout bean processing factories have stock of old mung beans. They are not active in purchasing new mung beans, and only a few merchants just need to purchase them. At the same time, the output of new mung beans this year is generally high, prices are high, and export companies have not yet started to purchase.

Mintec Global

Current Market Price in China for Organic Mung Bean

Product  Name Organic mung bean
Size 3.8mm up
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1630-1670/mt
Delivery 20 days after the contract