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Chinese Mung beans: Market analysis

by | Aug 13, 2021 | Beans, Pulses

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YUNNAN: Since the beginning of August, the temperature in some areas has not been high, the demand for commercial mung beans has decreased, and some merchants have stocks, and there is no replenishment intention for the time being. Pricing is based on the delivery situation.

Some merchants do not have a large inventory. Recently, Myanmar mung beans cannot be delivered. They purchase Australian mung beans or mung beans from other countries to meet market demand.

In terms of imported mung beans, Ruili has fewer sources of imported Myanmar mung beans, and due to the epidemic, it is currently unable to ship to other markets. In China, there are mung beans from Australia, Uzbekistan, Thailand, and other countries.

Current Market Price in China for mung bean

Product Name mung bean
Size 3.8mm up
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1600/mt
Delivery 20  days after the contract

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