Myanmar Mung Beans Arrive in Dalian, China: Price Stability Expected

Mintec Global
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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

Size3.8mm up
Moisture16% max
Package25kg PP bag
Purity99.5%
Loading22mt /20GP
Con.  Fob DalianUSD 1420-1450/mt – EURO 1313-1340/mt
Org.  Fob DalianUSD 1490-1520/mt – EURO 1377-1405/mt
Delivery20 days after the contract

 

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