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Dried beans: sluggish mung bean market

October 30, 2024 at 12:54 PM , Der AUDITOR
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BEIJING. While black kidney beans are in high demand, the markets for red kidney beans and mung beans are in a different state. Farmers are also complaining about yield and quality losses due to persistent rainfall.

Black kidney beans

After prices on the market for Chinese black kidney beans had fallen slightly but steadily in recent months, they were a little higher again for the first time in October. Nevertheless, they are still well below the average of recent years. Many buyers are taking advantage of this opportunity and stocking up generously. This is driving up demand, while at the same time local market players are reporting relatively low yields, which should provide some support for prices. Market experts reckon that the high level of buying interest will continue fo

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