Organic Mung Beans

Does Planting Area Affect the Price of Chinese Mung Beans?

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DALIAN: According to Zhuochuang Information, the price of mung bean in many places in the Northeast has been on the strong side recently. The purchase price of grain merchants and the shipping price has risen. However, downstream merchants have resisted the high price, and the actual purchase volume is limited. This year, the yield of mung beans is still low. Farmers are not very enthusiastic about planting. In some areas, corn is mainly planted, and the reserved plot of mung beans is limited. As the temperature rises, the demand for mung beans may increase, and downstream merchants just need to replenish the goods, which will resist the high price. Grain merchants process according to demand, and the price is based on quality. In the short term, the price of sprout beans is slightly stronger, and the actual planting area of new mung beans in June may affect the price in the later period.

Mintec Global

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 1670-1710/mt
Delivery 20 days after the contract