Organic Mung Beans: Affected by Rainfall

DALIAN: Recently, there has been a lot of rain in the south, and the commodity mung bean has not yet entered the peak demand season. At the same time, the port price has been slightly weak, and the market price has fallen. May and June are the rainy seasons in the south. There is a lot of rain, and it is difficult for mung beans to be sold. At the same time, most second and third-tier wholesalers have inventory. From the current situation of Myanmar mung beans, it is slightly difficult for the price to rise. It is recommended to pay attention to exchange rate fluctuations. If the exchange rate continues to rise, it may also drive the price of Myanmar mung beans to rise. The mung beans are not selling fast, but the stock of organic mung beans in the production area is less than 15%. The organic price in the export market has risen, and the domestic price has also risen. However, it isn’t easy to trade at high prices.

Current Market Price in China for Organic Mung Bean

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