Dalian Mung Bean Market Sees Faster Sales and Limited Residual Grain

Dalian Mung Bean Market Sees Faster Sales and Limited Residual Grain

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Faster Sales Progress

According to feedback from exporters, sales of mung beans in Dalian are progressing 6 percentage points faster than during the same period last year. This rapid sales pace highlights the increased demand and efficient market activity compared to previous years.

Limited Residual Grain

At the grassroots level, residual grain supplies are limited, making it more difficult for grain merchants to increase their stock. Despite the quick sales progress, the availability of additional grain remains constrained, impacting the overall supply chain.

Stable Planting Areas

The expected planting area for mung beans this year is not significantly different from last year. This consistency in planting areas suggests that production levels may remain stable, although actual yields will depend on weather and other growing conditions.

Mintec Global

Inventory Levels

In production areas, most grain merchants hold inventories of less than 200 tonnes, which is lower than the inventory levels during the same period in previous years. While some grain merchants still have available stock, overall inventory levels are limited, which may affect future market supply.

Regional Temperature Variations

Temperatures in some northern areas have started to rise, improving mung bean stock conditions. However, in southern areas experiencing rainfall and slightly lower temperatures, sales have not shown any significant change for the time being. These regional climate variations are influencing market dynamics differently across the country.

The Dalian mung bean market is experiencing a period of faster sales and limited residual grain supplies. While planting areas remain stable, the lower inventory levels among grain merchants could impact future availability. Regional temperature differences are also playing a role in stock and sales dynamics. Stakeholders should monitor these factors closely to navigate the market effectively and anticipate potential supply challenges.

Product  Name

Chinese Mung Bean

Size 3.8mm up
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Con.  Fob Dalian USD 1420-1450/mt – EURO 1313-1341/mt
Org.  Fob Dalian USD 1490-1520/mt – EURO 1378-1406/mt
Delivery 20 days after the contract