Mung Bean Prices Remain Stable in Dalian with Slight Increases in Local Markets

Steady Prices with Minor Increases

According to Zhuochuang Information, mung bean prices in Dalian are currently stable, with some local markets experiencing slight increases. This trend is influenced by a limited supply of Utz bud beans, with traders holding firm on their pricing intentions.

Downstream Market Resistance

The downstream market is showing some resistance to high prices, with businesses only replenishing stocks as needed. This has resulted in a few transactions at higher prices, but the overall market situation is expected to stabilize next week.

Limited Domestic Surplus

The surplus of domestic mung beans is limited, contributing to the slow market movement. Traders have extended their purchasing cycles due to this limited supply.

Export Market Impact

Export companies have essentially stopped receiving new orders, which has prevented any significant upward movement in prices. This lack of export activity is a key factor in maintaining the current price stability.

The mung bean market in Dalian is characterized by stable prices and limited supply, with minor increases in local markets. The resistance from downstream businesses and the halt in export activities have contributed to a slow-moving market. As the situation stabilizes, traders and businesses will need to adapt to the evolving dynamics to optimize their strategies. Monitoring these trends closely will be essential for making informed decisions in the coming weeks.