Origin Information Updated on 19. Jan 2018 from Taijin Food

Here is some latest origin information collected by Taijin Food. And the following are simple summary and also our estimation shared with you~

Green Mung Bean for Sprouting,

As for our core product, considering the recent depressed market, despite the strong appreciation of the RMB, there was a slight drop in the transaction price of green mung bean for sprouting. But based on the experience of previous years, after the Spring Festival, because of the increasing purchase demand in domestic market, the price of green mung bean may slightly rise.

Kidney Bean,

Here we mainly talk about something about light speckled kidney bean. In the past around 3 months, the price of light speckled kidney bean kept increasing by about $200, while recently, affected by the demand and market price tolerance, it decreased a little. But we think that it couldn’t last for too long. It may occur a small rebound in the future.

Peanut,

The price of 2017 new crop peanuts keeps decreasing slowly after marketing. It is quite weak in European market. Because of the influence of India peanut, the market shares of peanuts from China reduced a lot in recent years. Though the quantity of India peanut which could meet the demands on aflatoxin is very small, the price really has a great impact on the market. Besides, peanut from Argentina is also popular in recent days. As for the future trend, it’s still very vague, and we will keep eyes on it.

As a twice-told story recently, I must say something about the exchange rate again. It started a new round of appreciation in the last week, which also makes great difference to our quotation. Please pay close attention to the valid period of the offer.

Hope it could help. We are here with you. Here is green mung bean leading exporter Taijin Food, feel free to contact with questions you may have about pulses, seeds, kernels and peanuts.