News

Richard Dalian

May 8, 2024

Dalian Witnesses Slow Mung Bean Turnover Amidst Weather Challenges

Dalian Witnesses Slow Mung Bean Turnover Amidst Weather Challenges

In Dalian, mung bean turnover continues to lag behind the same period last year, primarily due to persistently low temperatures in some areas. However, with temperatures gradually rising, improvements in Myanmar's mung bean production are anticipated, which could positively impact prices. As a result, prices are expected to see a slight increase.

Merchants Hold Back on Low-Priced Sales, Supporting Market Prices

Some merchants are exercising caution and refraining from selling goods at low prices, which is effectively supporting market prices. Additionally, the domestic mung bean residual grain supply is limited, contributing to high prices and a slow-moving market.

Stay Updated on Mung Bean Market Prices

Keep track of the current market price for mung beans in China to stay informed about the latest developments.

Current Market Price in China for Mung Bean

Product  Name Chinese mung bean
Size3.8mm up
Moisture16% max
Package25kg PP bag
Purity99.5%
Loading22mt /20GP
Con.  Fob DalianUSD 1420-1450/mt - EURO 1316-1344/mt
Org.  Fob DalianUSD 1490-1520/mt - EURO 1381-1409/mt
Delivery20 days after the contract
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