China Mung Bean Market: New Crop Pressure vs. Tight Uzbek Supply

Domestic and imported mung bean markets in China are entering a finely balanced phase: domestic new-crop supply is rising with higher yields, while tradable Uzbek volumes are tight and subject to strict inspections, keeping import offers relatively firm. Market participants report that China’s old-crop domestic mung beans are almost fully marketed, with new-crop arrivals accelerating and later fields in Baicheng showing better yields than early-harvest lots. At the same time, circulating Uzbek mung bean stocks in China are estimated at below 10,000 tonnes, with new-crop shipments facing stricter Chinese inspection requirements and potential arrival delays. This combination is capping upside but also limiting downside, as farmers resist low bids and importers try to manage phytosanitary risk and logistics.

Prices

FOB Beijing indications in EUR show a broadly steady to slightly firmer tone in Chinese mung and specialty beans:

Organic mung and conventional 3.8 mm up mung beans in China are unchanged on the latest quote, reflecting the tug-of-war between heavier new-crop arrivals and farmers’ reluctance to sell cheaply. Kidney and adzuki beans are mixed but overall stable, suggesting no broad-based oversupply shock in the wider bean complex.

Supply & Demand

On the domestic side, around 98% of last season’s Chinese mung beans have already been sold, and remaining old stocks are effectively exhausted. New-crop supply is now leading the market, with volumes from Baicheng and surrounding areas increasing and later-harvest fields showing higher yields than early plots. This points to a comfortable domestic supply situation for the coming months.

Uzbek mung bean supply into China is much tighter. Market feedback suggests that tradable Uzbek mung beans currently available domestically total less than 10,000 tonnes, supportive for imported values. New Uzbek crop is gradually coming to market and quality is generally acceptable, but buyers remain cautious as they digest both logistics and regulatory risks.

On the demand side, Chinese exporters are buying domestic mung beans carefully, signaling moderate export orders and some price sensitivity from overseas buyers. For Uzbek mung beans, more traders are entering the origin market, but most are still cautious in their procurement pace, limiting aggressive bidding and keeping trade volumes controlled.

Fundamentals & Sentiment

Farmer sentiment in China is a key short-term stabilizer. Many producers do not accept current price levels and show a clear reluctance to sell at lower bids. With new-crop production costs reported below last year and yields improving in later fields, farmers have some buffer to hold stocks, slowing the pace of spot pressure on prices.

For Uzbek-origin mung beans, both cost levels and regulatory factors dominate. New-crop purchasing costs are also below last year, but Chinese inspection of Uzbek mung beans has tightened, and phytosanitary compliance (including control of quarantine weevils) has become crucial for export eligibility. Recent talks on resuming suspended shipments from several Uzbek companies underscore that any non-compliance can quickly trigger temporary bans, which in turn may delay arrivals and tighten effective supply.

As a result, importers’ price quotes for Uzbek mung beans show narrower day-to-day fluctuations compared with earlier in the year. Traders are factoring in the risk of shipment delays and the need for stricter fumigation and documentation, which encourages more conservative forward pricing and contract volumes.

Weather & New-Crop Outlook (China, Northeast)

Weather conditions in Northeast China, including Jilin and neighboring provinces, remain generally favorable for late-maturing mung bean fields and autumn harvest. Recent climate outlooks for autumn 2026 point to slightly above-normal temperatures and above-normal rainfall in much of Northeast China, with first frosts occurring later than the long-term average. This pattern supports grain filling but requires attention to short-term waterlogging during heavy rain events.

In key producing zones such as Baicheng, October temperatures are forecast to trend from cool to colder but without extreme early frost risk, allowing remaining fields to reach maturity. Overall, weather is neutral-to-positive for production volumes and quality, and there is currently no major meteorological threat that would significantly tighten the Chinese mung bean balance.

Trading Outlook

• For exporters / sellers in China: With domestic new-crop supply ample and costs lower than last year, but farmers resistant to low bids, consider a gradual selling strategy. Lock in forward sales on any rallies driven by import delays or logistics headlines, while avoiding heavy spot pressure that could break farmer confidence.
• For importers and processors in China: Given sub-10,000 tonne Uzbek availability and tighter inspections, avoid over-reliance on single-origin Uzbek beans. Diversify origin mix and include more domestic mung beans in blends, while negotiating flexible shipment windows in contracts with Uzbek suppliers.
• For overseas buyers of Chinese beans: Current FOB EUR prices for Chinese mung and specialty beans are broadly stable. Use this window to cover near-term needs, but maintain optionality for Q4–Q1 in case stricter quarantine controls on third-country origins shift more demand back to Chinese supply and firm prices later.

3-Day Directional Price Indication (FOB)

• China – Mung beans (organic and 3.8 mm up, FOB Beijing): Sideways to slightly soft, with new-crop pressure offset by farmer resistance; narrow daily moves expected.
• China – Kidney and adzuki beans (FOB Beijing): Mostly stable; small, specification-specific adjustments possible but no strong trend.
• Imported Uzbek mung beans into China: Steady to slightly firm in local terms as strict inspections and limited tradable volume support offers despite lower origin costs.