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Chinese Organic Mung Beans: The Price of Organic Mung Beans is at Risk of Falling

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DALIAN: The prices of organic mung beans have shown a downward trend recently. The main reason is that the quantity of imported mung beans is sufficient. Some merchants purchase imported sources or digest early-stage inventory. They are not very enthusiastic about purchasing domestic mung beans. At the same time, the export price of mung beans is high, and the number of orders is limited, which affects the overall delivery of domestic organic mung beans. The price is slightly weaker. The small mung beans are also not fast-moving, and there are not many orders from grain merchants in the producing areas, and the quotations have fallen steadily. At present, the overall sprout bean market is not fast. Imported mung beans arrive in large quantities. At the same time, the domestic market is not fast, and the phenomenon of grain merchants going to the countryside to purchase has decreased. It isn’t easy to support domestic mung bean prices.

Mintec Global

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 1840-1880/mt
Delivery 20 days after contract