Chinese Mung Beans: Slow Market in Winter

Chinese Organic Mung Beans: It is Predicted That Price of Green Beans Will Fluctuate

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DALIAN: This week, the overall purchase and sales of the organic mung bean market were average. In terms of imports, the arrival of Uzbekistan mung beans is in small amounts, and the quality is not good. The mentality of each merchant is different, the quality is different, and of course, there is a price difference in the quotation.

Domestic organic mung beans are not sold in large quantities, and grain merchants process them according to their needs and judge the price based on quality. At present, the export orders are less than the same period of last year, and some exporters are not active in purchasing. After the Spring Festival, the export standard supply is slightly lower than before the Spring Festival. However, the grassroots in the production areas have few export standards, and some farmers are not very motivated to sell grain, which significantly impacts prices. With particular support, the price decline is limited. The sales of mung beans in the wholesale market are not much, and some merchants sell the goods at a profit to digest the inventory. Some merchants have booked the supply of the new season oil mung beans in Myanmar, which are expected to arrive in March and April. Pay attention to later market changes.

Mintec Global

Current Market Price in China for Organic Mung Bean

Product  Name Organic Mung Bean
Size 3.8 mm up
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1810-1850/mt
Delivery 20 days after the contract