farmer field beans Chinese Mung Beans: The Procurement Is More Difficult

Chinese Mung Beans: Market Downturn Continues

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DALIAN: This week, the domestic commodity mung bean was not sold quickly. There was a lot of rain in the south, and the temperature was not high. The transaction volume of the commodity mung bean and the trading volume of domestic mung beans are limited. The supply of domestic high-quality mung beans is very small, and grain merchants are not very motivated to purchase. The transaction volume of sprout beans is not large, and the merchants just need to purchase. Most of the old customers of grain merchants in the production area have orders, and judge the price based on quality. However, farmers in the production area are plowing in spring, and the area of mung beans may still be reduced this year, so they are not active in selling goods at low prices.

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 1670-1710/mt
Delivery 20  days after the contract