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Chinese Mung beans: Reduced import sources to support prices

by | Oct 25, 2021 | Beans, Pulses

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DALIAN: According to Zhuo Chuang Information, the price of mung beans in Australia and Myanmar has shown an upward trend recently, and the quantity of arrival has been limited lately, which is good for the price of mung bean. Domestically produced new mung beans are generally delivered, and export standards are stable. Exporters purchase on-demand, but importers report that the price is slightly higher.

Recently, the number of grain purchasers has decreased. Imported mung beans have little arrival, which is suitable for prices. However, farmers in the production areas are not actively selling goods. The average daily supply of grain merchants is limited, which supports the cost of mung beans If the grain merchants end the replenishment round, the purchase volume will decrease, or the last price will be affected.

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 1620/mt
Delivery 20  days after the contract

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