Steady Mung Bean Market in Dalian Amid Arrival of Myanmar New Crops

Steady Mung Bean Market in Dalian Amid Arrival of Myanmar New Crops

Mintec Global
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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

Size3.8mm up
Moisture16% max
Package25kg PP bag
Loading22mt /20GP
Con.  Fob DalianUSD 1420-1450/mt – EURO 1308-1336/mt
Org.  Fob DalianUSD 1490-1520/mt – EURO 1373-1400/mt
Delivery20 days after the contract