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Organic Mung Beans: Mung Bean Market Forecast

by | Apr 28, 2022 | Beans, Pulses

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DALIAN: The logistics conditions in some Jilin and Inner Mongolia areas have been improved, and downstream merchants just need to purchase. At the same time, farmers in some areas have started spring plowing, and the time to sell grain is limited, which supports the price of organic mung beans. Zhuochuang Information predicts that the price of organic mung beans will be stable in May. The supply of commercial mung beans is very few, and there are merchants purchasing downstream.

At the same time, the price of mung beans in Myanmar is relatively strong, which is beneficial to the price of domestic organic mung beans. Domestic organic mung beans began to be sown in June. According to the price this year, farmers have little intention of planting. If the rain is timely, the mung bean area will still decrease, which may support the price of mung beans. The price of commercial mung bean is stable and slightly strong.

Current Market Price in China for Organic Mung Bean

Product  Name Organic mung bean
Size 3.8mm up
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1730-1760/mt
Delivery 20 days after contract

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