Organic mung beans: Production cuts support rising mung bean prices

Mintec Global
Spread the news!

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.

Current Market Price in China for organic mung bean

Product NameOrganic mung bean
Size3.8mm up
Moisture16% max
Package25kg PP bag
Purity99.5%
Loading22mt /20GP
Fob DalianUsd 1580-1610/mt
Delivery20 days after the contract

Author