Mung

Organic mung beans: Near-term market outlook

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DALIAN: Regarding domestically produced organic product mung beans, as the temperature drops in various places and sales decrease, organic mung beans are not selling fast. Merchants in the sales area include mung beans from Australia, Uzbekistan, and other countries, and some merchants have mung beans from Myanmar. Therefore, merchants are not active in purchasing domestically produced mung beans. Zhuo Chuang Information expects that the prices of domestically produced organic mung beans will be stable, medium, and slightly weaker next week.

In terms of imported mung beans, the increase in local cases in Yunnan has made it impossible to ship them abroad. However, there are mung beans from other countries in China that can meet market demand. At sunset on August 20, the temperature in various places will gradually drop, and the demand for commercial mung beans will continue to decrease. At that time, the prices of commercial mung beans in various countries will still decline to a certain extent. It will have a great impact on China’s organic mung beans.

Mintec Global

Current Market Price in China for organic mung bean

Product Name Organic mung bean
Size 3.8mm up
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1680/mt
Delivery 20 days after the contract