Chinese Mung Beans: Slow Market in Winter

Organic Mung Beans: Overview of Export Market

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DALIAN: According to Zhuochuang Information, recently, some export companies began to sign orders to export organic mung beans to Japan. The signing price of the existing merchants is 2130-2150 US dollars/ton, affected by the exchange rate fluctuations, the price is lower than the same period last year.

Exporters’ inventory is insufficient and also already sold. At present, the export of standard mung beans is stable, grain merchants are trading according to demand. Domestic sales of mung beans are not fast, the downstream businesses just need to purchase. Because of the high price of small bud beans, the downstream businesses choose 3.5 sieve bud beans instead of small 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 1520-1560/mt
Delivery 20 days after contract

Import/Export Statistics

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