Arrival of New Batch
In Dalian, China, fresh shipments of Myanmar mung beans have arrived successively, initially with high arrival costs that supported prices. However, recent arrivals have seen a slight reduction in costs. Presently, market activity is moderate, with expectations for stable prices today.
Status of Uzi Beans
Uzi beans, on the other hand, are experiencing typical conditions, with some merchants refraining from active selling at lower prices to bolster market rates. As a result, Zhuochuang Information predicts stability in Uzi bean prices for the day.
Domestic Market Dynamics
In the domestic market, surplus mung beans are limited, with grain merchants witnessing scarce daily sales. Consequently, market movement is sluggish, but stability is anticipated in prices for the upcoming week.
Outlook
The overall outlook suggests a stable trajectory for both Myanmar mung beans and Uzi beans in the Dalian market, with subdued activity and moderate price adjustments in the near term.
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 |
| Con. Fob Dalian | USD 1420-1450/mt – EURO 1313-1340/mt |
| Org. Fob Dalian | USD 1490-1520/mt – EURO 1377-1405/mt |
| Delivery | 20 days after the contract |