Chinese Mung Beans: Slow Market in Winter

Mung Bean Sowing Process Is Slow in China

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Dalian: According to Zhuochuang Information, planting of mung bean started this week in China, but in many places, planting is slow due to insufficient rain. The difficulty of loading goods is currently increasing in production areas. Grain traders have very few cargoes each day and prices remain high. Downstream traders are resisting the high prices and are more cautious about buying. Planting of mung beans started this week, but in many places planting is slow due to insufficient rain. Mung bean crops in Myanmar are not fast. Although the temperature has risen in some parts of China, overall sales have hardly improved and businesses just need to replenish them. Currently, the volume of mung beans at the port is down by more than 30% compared to the same period last year.

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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 1410-1430/mt
Delivery 20 days after the contract

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 1450-1470/mt
Delivery 20 days after the contract

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