Price Drops in Chinese Mungbean Potentially to Increase Exports

Dried Mung Bean

China

Published Dec 15, 2021

The wholesale price of mung beans in China has decreased from 1.84 USD per KG to 1.51 USD per KG in W2 Dec 2021, -17.97% lower. The price in W3 Dec 2021 dropped to 1.49 USD per KG. The high demand for mung beans in China leads to increase imports. If the condition of Chinese mung beans in the domestic supply got stronger and the price resumed to decrease, it is highly potential to increase export to gain more income.

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