China’s Mung Bean Market Remains Stable Amid Limited Supply and Low Transaction Volume
Dalian’s Mung Bean Market Faces Low Supply from Myanmar and Reduced Quality Due to Rainfall
In the Chinese market, mung bean supplies from Myanmar remain low, with minimal transaction activity. Most merchants report few trades as downstream buyers focus on using up existing inventory. According to Zhuochuang Information, Myanmar mung bean prices are expected to operate in a weak but stable manner.Low Supply and Limited High-Quality Beans
The new mung bean harvest in Uzi has been affected by rainfall, reducing the availability of high-quality supplies. This has driven up prices for the remaining high-quality old stock, keeping overall prices stable despite low supply. Chinese traders are setting prices based on quality, with new domestic mung bean supplies entering the market at relatively low levels.Market Outlook: Weak but Steady Pricing Expected
With limited high-quality mung bean supplies and low transaction volumes, prices are likely to remain stable but weak. Market conditions are expected to continue this trend as merchants await changes in supply levels and quality.Current Market Price in China for Mung Bean
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