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Chinese Mung Beans: The Effect of Imported Products on Prices

by | Apr 8, 2022 | Beans, Pulses

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DALIAN: Most areas of Jilin and Tongliao, Inner Mongolia, have limited logistics, blocked delivery, and difficulty in outbound transportation of mung beans. Most grain merchants suspend quotations and wait for logistics and transportation to resume. The area around Chifeng, Inner Mongolia, can be shipped normally. Still, the freight rate has risen, and the downstream merchants are generally less motivated to purchase. The grain merchants in the production area have limited orders, processing on demand, and pricing based on quality. The imported Burmese mung beans have been sold smoothly. Most wholesalers have pre-ordered futures to arrive one after another, and they will ship with them recently. Pay attention to later market changes.

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 1560-1600/mt
Delivery 20 days after the contract

Current Market Price in China for mung bean

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