Organic mung beans: Production cuts support rising mung bean prices

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DALIAN: The total area of mung beans has decreased by more than 50%, and the ageing grain is less than 10%, supporting the increase in organic mung bean prices. Some farmers in the production areas are not enthusiastic about selling goods and keeping mung beans’ costs.

This week’s export standard price is 1580-1610 US dollars per ton. According to Zhuo Chuang Information’s preliminary understanding, the purchase price of Uzbekistan mung beans this year is higher than the same period last year. With obvious price advantages, some domestic merchants will turn to Uzbekistan mung beans, which may affect the price of domestic organic mung beans. It is recommended to pay attention to the arrival of the Uzbekistan mung beans in time.

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 1580-1610/mt
Delivery 20 days after the contract