Jilin Baicheng currently no significant sales and traders are waiting for improvement. Therefore, some traders offer 6.10-6.30 yuan/kg for the supply of new beans for 1st and 2nd grade regarding the new raw commodity.
Local organic mung bean planting has been completed. Considering various circumstances is conservatively estimated that the local mung bean area would decrease by at least 50-60% compared to the same period last year.
Inner Mongolia Tongliao Kunlun mung bean sales are scarce. Traders are not making offers to farmers at the moment. The mung beans have already been sown one after another. In the initial stage, farmers usually opted to grow millet, sorghum, maize and other high-yielding crops. It is estimated that the area under mung bean may also decrease by about 60 % compared to last year.
Market-Price in China for organic mung bean
|Product Name||Organic mung bean|
|Package||25kg PP bag|
|Fob Dalian||Usd 1780/mt|
|Delivery||20 days after the contract|