Red Soybean Market Shows Stability Amid Sufficient Supply in Dalian

Chinese Mung beans: Imported mung beans hit the market

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DALIAN: The holdings of farmers in the northeast production areas have declined. In most production areas, the grassroots surplus of mung beans is less than 20%. The farmers’ supply is not large, and some farmers with goods are still reluctant to sell. Grain merchants have difficulty supplying goods, and prices are high and stable.

Merchants replenish the goods according to the inventory situation, and the purchasing intention is not high. At the same time, there are domestic sources of mung beans from Uzbekistan, Motor, Brazil and other countries, and the price has a greater advantage. Some domestic markets use imported mung beans. Instead of domestic mung beans, the price of mung beans is stable before the Spring Festival.

Mintec Global

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 1740-1790/mt
Delivery 20  days after the contract