Arrival of New Crops from Myanmar
The market in Dalian is witnessing a continuous arrival of new mung beans from Myanmar. The cost of these late arrivals has decreased, contributing to overall stability in the market. Despite this, the purchasing enthusiasm among businesses remains moderate.
Limited Residual Grain
Domestic mung bean residual grain is limited, leading to a scarcity in the market. Grain merchants are experiencing minimal daily average loading, resulting in a slow market pace.
Stable Prices Predicted
Today’s Myanmar mung bean prices remain stable, with predictions from Zhuochuang information suggesting continued stability in the near future. However, without a significant upturn in market purchasing, it may be challenging to influence price movements.
As Myanmar new mung beans continue to enter the market, prices remain stable in Dalian. Limited residual grain domestically and slow market activity contribute to the current market conditions, with stability expected in the coming days.
Current Market Price in China for mung bean
Product Name |
Chinese mung bean |
Size | 3.8mm up |
Moisture | 16% max |
Package | 25kg PP bag |
Purity | 99.5% |
Loading | 22mt /20GP |
Con. Fob Dalian | USD 1420-1450/mt – EURO 1308-1336/mt |
Org. Fob Dalian | USD 1490-1520/mt – EURO 1373-1400/mt |
Delivery | 20 days after the contract |