News & Updates

Chinese Mung Beans: Prices Are Supported by Demand

by | Apr 28, 2022 | Beans, Pulses

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DALIAN: This month, Myanmar mung beans are arriving one after another, but the customs clearance of Qingdao Port is slow, and it takes time for merchants to pick up the goods. As the temperature rises, most wholesale market commodities have improved mung bean sales compared with the previous period, and the quotations of merchants have risen compared with the beginning of the month. Due to the slow arrival, some low-stock merchants prioritize small-order buyers. Due to the slow arrival of Myanmar mung beans, some merchants just need to purchase the supply of domestically produced mung beans to meet the market demand. If there is no improvement in the customs clearance of Myanmar oil mung bean, as the domestic temperature rises, the price of commodity mung bean will still be good. Pay attention to the customs clearance of Myanmar mung beans and the market situation.

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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