China beans market update: steady mung bean supply, delayed Uzbek arrivals, firm domestic demand and mixed price moves across mung, kidney and adzuki beans.
Prices
FOB Beijing quotations in EUR show a firm but not explosive beans market in China as of 24 September 2026. Mung beans and most kidney and adzuki categories have edged higher compared with mid-September, reflecting solid demand and limited immediate availability, while a few white kidney lines are slightly softer.
| Commodity | Specification | Origin | Location / Term | Latest Price (EUR/kg) | Previous Price (EUR/kg) | Update Date |
|---|---|---|---|---|---|---|
| Mung beans | organic, 99.5% | CN | Beijing, FOB | 1.55 | 1.52 | 2026-09-24 |
| Mung beans | 3.8 mm up, 99.5% | CN | Beijing, FOB | 1.48 | 1.46 | 2026-09-24 |
| Kidney beans | small, black, organic, 99.5% | CN | Beijing, FOB | 1.13 | 1.10 | 2026-09-24 |
| Kidney beans | large white, 99.5% | CN | Beijing, FOB | 1.64 | 1.61 | 2026-09-24 |
| Kidney beans | dark red, 99.5% | CN | Beijing, FOB | 1.42 | 1.33 | 2026-09-24 |
| Adzuki beans | red, 5.0 mm up, 99.95% | CN | Beijing, FOB | 1.29 | 1.28 | 2026-09-24 |
These moves confirm the feedback from the physical market: prices are being supported by demand and producer behavior rather than by a dramatic shortage of supply. The slight firming in organic and conventional mung beans is consistent with steady buying interest ahead of larger domestic arrivals and still-limited competition from imported new-crop volumes.
Supply & Demand
On the supply side, total domestic mung bean production in China this season is reported to be close to last year’s level. That implies no structural shortage but also little surplus to pressure prices sharply lower before the bulk of new-crop beans are fully marketed. In addition, Uzbekistan has harvested a larger mung bean crop, and remains one of the world’s most important green mung bean exporters, with a strong focus on China as a key destination market.
However, the transit time for Uzbek origin into China means these additional volumes will not fully hit the market immediately. During this window, downstream processors and traders still have to cover nearby needs mainly from domestic stocks. Farmers are currently showing a clear ‘hold back’ mentality, which further tightens spot availability and supports price levels despite unexceptional production. This selling behavior is a key short-term driver of firmness in the Chinese mung bean market.
Demand is seasonally stable, with food processors and distributors resuming purchases after holiday-related slowdowns. As Mid-Autumn Festival passes and logistics normalize, restocking interest helps absorb available lots. Nonetheless, once more of China’s new-crop mung beans enter circulation after the festival period, the increased flow of tradable supply will likely temper buyers’ urgency and cap further price appreciation.
Exclusive commodities on CMBroker
Weather & New-Crop Progress
Major mung bean producing areas in Heilongjiang and parts of Inner Mongolia are currently seeing cool, mostly dry early-autumn conditions, conducive to fieldwork and harvest. Around Mudanjiang in southeastern Heilongjiang, forecasts for 26–28 September indicate daytime highs in the mid-teens to high teens Celsius, with mainly cloudy to sunny skies and only light, scattered showers in the coming days. This pattern supports continuous field access and crop drying.
National agricultural meteorological guidance for late September highlights some rainfall episodes in central and western autumn-harvest regions, but northeastern bean areas are largely spared prolonged heavy rain. As a result, harvest progress for late-maturing pulses should accelerate into early October. With weather allowing farmers to move steadily through the fields, the volume of new-crop mung beans entering the domestic distribution system is expected to rise notably after the Mid-Autumn period.
Fundamentals & Short-Term Outlook
Fundamentally, the mung bean market in China sits in a balanced but tight near-term position. Production comparable to last year and the prospect of larger Central Asian export availability argue against a lasting bull market. At the same time, the delayed arrival of overseas beans, farmer selling resistance, and steady downstream offtake are enough to keep prices supported in the short run.
Analysts expect that until mid-October, new-crop mung bean prices will find it difficult to move decisively in either direction. The psychology of both buyers and sellers will be critical: if farmers continue to sell only gradually while processors maintain forward coverage, prices should remain firm but range-bound. Conversely, any shift toward more active farmer selling or more cautious buying as inventories build could quickly tilt the market into a mild corrective phase.
Trading Outlook & 3-Day Price Direction
- For importers and processors: Consider covering nearby requirements promptly while spot availability is still constrained, but avoid overbuying into mid-October given the expected increase in domestic and imported supplies.
- For producers and domestic traders: Current prices remain well supported; a staggered selling strategy into early October may help capture firm levels, but holding out for substantial further gains carries rising downside risk as more new-crop beans come to market.
- For international suppliers (e.g. Central Asia): Monitor Chinese buying behavior closely; timely logistics and competitive non-EUR pricing will be essential once domestic Chinese supply becomes more abundant and buyers gain leverage.
Over the next three trading days, Chinese FOB Beijing mung bean prices are expected to stay broadly stable with a slight firm tone, supported by ongoing demand and cautious farmer selling. Kidney and adzuki bean quotations should likewise remain steady to mildly firmer, with limited room for sharp gains before the full weight of the new-crop pulse harvest and incoming imports is felt in October.