News & Updates

Organic mung beans: Cold market

by | Jul 5, 2021 | Beans, Pulses

KUNMING – At present, the Qingshuihe Port is still not open, and the temperature in some areas of China is not high and rainy. The cool weather is resulting in organic mung beans that are not sold fast.

At the same time, the mung beans that the importer pre-ordered arrive in succession. The autumn is expected to start earlier this year than in previous years. A part of the mung bean manufacturers considers the sales season very short in 2021, so they purchase the raw material carefully and cautiously.

ZhuoChuang information forecast next week, mung bean prices will decline. Because the weather is abnormal this year, and there is no continuous hot weather at present. Exporters are afraid of overstocking inventory, so their mentality has changed. Some of them even started to sell at a lower price to move some stocks.

Current market price in China for organic mung beans

Product Name Organic mung beans
Size 3.8mm up
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
FOB Dalian USD 1.780/mt