Chinese Mung Beans: Slow Market in Winter

Organic Mung Beans: Will Prices Increase?

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DALIAN: Currently, mung beans in the domestic market are slow to sell, and most importers are worried about the uncertainty of the US dollar settlement exchange rate. Most of the Myanmar mung beans have not been sent yet to the Yunnan port. The autumn began on August 7, and the temperature in some areas dropped after the beginning of autumn. The demand for commodity mung beans may continue to decrease. Wholesale traders are worried about risks, so they are more cautious in purchasing. There are not many high-quality sources of domestic organic mung beans, and it is difficult for grain merchants to supply them. It is expected that the price of mung beans will be stable in August, with partial or slightly strong prices.

Current Market Price in China for Organic Mung Bean

Mintec Global
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 1720-1750/mt
Delivery 20 days after the contract

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