DALIAN: The overall delivery of the mung bean market this week is not fast. Downstream merchants are not very motivated to purchase and need to replenish goods. Imported mung beans arrive in large quantities, and the prices are weak.
At the same time, domestic exporters have stopped collecting, resulting in weak domestic mung bean prices. Farmers in the producing areas are not actively selling goods at low prices, which supports prices. Zhuo Chuang Information expects domestic mung bean prices to remain stable, moderately and slightly weaker in the short term.
Current Market Price in China for Mung Bean
Product Name | Chinese Mung Bean |
Size | 3.8 mm up |
Moisture | 16 % max |
Package | 25 kg PP bag |
Purity | 99.5 % |
Loading | 22 mt /20 GP |
Fob Dalian | Usd 1730-1780/mt |
Delivery | 20 days after the contract |