Dalian: As of May 9, the surplus grain of mung beans in northeast China was less than that of the same period last year. The supply of goods was tight. At the same time, farmers were busy with spring ploughing, and the grain merchants had little goods every day. The purchase price rises, the price of the grain merchants in the production area rises tentatively, and the merchants in the sales area purchase on demand.
Although the temperature in many places in May has increased, it is still low equivalent to the same period in previous years. Transaction in many markets has not improved significantly. Some exporters have sufficient inventory, and some traders have moderate replenishment. With the increase in temperature, demand and the high import cost, some businesses are optimistic about the price of mung beans in Myanmar.
At present, the temperature is low, and the demand for mung beans is still limited. With the rise of domestic temperature, the demand for mung beans improves, which may benefit the price of mung beans in Myanmar., the later increase depends on the domestic market demand.
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 1410-1430/mt |
| Delivery | 20 days after the contract |
Current Market Price in China for Organic Mung Bean
| Product Name | Organic mung bean |
| Size | 3.8mm up |
| Moisture | 16% max |
| Package | 25kg PP bag |
| Purity | 99.5% |
| Loading | 22mt /20GP |
| Fob Dalian | Usd 1450-1470/mt |
| Delivery | 20 days after the contract |