News & Updates

Chinese Mung Beans: Logistics Problem

by | Apr 13, 2022 | Beans, Pulses

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DALIAN: Logistics in most areas of Jilin are still blocked, and some areas in Inner Mongolia are blocked at the same time. It isn’t easy to find outbound vehicles, downstream merchants are generally less motivated to purchase, and the quotations of grain merchants in many places are basically stable. As the temperature rises, the stock of mung beans in many places in China has improved, and merchants have digested the inventory. However, the arrival of Myanmar mung beans at the port is slow, and it takes time to reach the market. Some merchants have tight stocks, and the quotations are slightly stronger. However, due to the slow delivery of domestic mung beans, the price was basically stable before the logistics resumed. The price of Myanmar mung beans is stable, but their arrival is slow. Pay attention to the arrival of Myanmar mung beans and the market situation, which will affect the later price.

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
Fob Dalian Usd 1650-1680/mt
Delivery 20  days after the contract

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