Mung Beans

Chinese Organic Mung Beans: Organic Mung Bean Prices Drop

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DALIAN: This week, the organic mung bean market has not improved, and some downstream merchants have digested the inventory, and the intention to replenish before the holiday is not high. Before the Spring Festival, the sprout bean market has accelerated. In terms of export, there are currently very few orders for organic mung beans. Soon, work and holidays will be suspended one after another. There are also grain merchants who will follow suit. However, farmers are not motivated to sell goods at low prices, and grain merchants have limited daily shipments. , Now it is processed according to the demand, and the price is based on quality.

Zhuo Chuang Information predicts that downstream replenishment will decrease with the Spring Festival approaching, which will be challenging to drive prices, and farmers will not sell at low prices, which will temporarily support prices.

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 25 kg PP bag
Purity 99.5 %
Loading 22 mt /20 GP
Fob Dalian Usd 1820-1850/mt
Delivery 20 days after contract