The mung bean market in Dalian is facing a period of relative stability, despite fluctuations in temperature and shifting market psychology. As the festival season influences buyer sentiment, enthusiasm for purchasing has waned slightly. However, the overall outlook for mung bean prices remains stable, driven by limited domestic supplies and cautious market behavior.

Decline in Purchasing Enthusiasm Amid High Temperatures

Although temperatures in some regions have remained high, the festive atmosphere has impacted business psychology, leading to a decline in purchasing enthusiasm. Importers are proceeding cautiously, purchasing only what is necessary for processing. This careful approach is expected to keep mung bean prices stable, according to Zhuochuang Information.

Limited Domestic Supply Keeps Market in Check

The domestic supply of mung beans is currently limited, with residual grain stocks running low. Grain merchants are experiencing slow market activity, with very few daily average loadings. This limited supply is contributing to a cautious market, where most merchants are awaiting the arrival of new grain listings before making any significant moves. The inability to pull prices higher reflects this waiting game.

Merchants Await New Grain Listings

As the market holds steady, most merchants are looking ahead to the listing of new grain. The current conditions, with limited stock and cautious buying, have kept prices from rising. The expectation is that once new grain enters the market, there may be more movement in pricing and purchasing activity.

A Stable Market with Cautious Optimism

The mung bean market in Dalian is currently in a holding pattern, with prices expected to remain stable in the near term. Limited domestic supply and a decline in purchasing enthusiasm have contributed to this stability. As merchants wait for new grain listings, the market is likely to stay calm, with potential for change once fresh supplies enter the scene.