“Propaganda work, and the price really is ‘snapped’ in the down, and store all goods businesses have suffered losses.” Grains wholesalers pay the owner yesterday in an interview is a little depressing, because “crazy green bean” price suddenly down, and click on the fallen Jinsan Cheng. Yesterday’s market data into in June, bean prices have dropped to 7 yuan / kg, compared with May 9.5 yuan / kg, the highest price has fallen by more than 2 yuan, and the market outlook is widely expected to “increase power weakened.” Cereal prices began to stop rising stabilization in the upcoming Dragon Boat Festival, people may eat slightly cheaper than the original estimate of the dumplings.

“State of a propaganda, not one will buy it, and had sold 20 bags a day, and now also sell 5 bags a day, all waiting to see ah!” Pay the owner, the relevant departments research mung bean prices up after news of overwhelming originally expected The May sales season did not come mung bean, mung bean sales have been stagnant, which according to previous years, traders purchase normal sales hit the hands of the whole bean.

“Everybody says that businesses in the fried green beans, the market who have to investigate those of us who still wonder what a chat, and we can there be hype ah?” Pay the owner complained that the original green bean prices at high on the difficulty in marketing, this temperature recovery than in previous years has also led to declining sales, coupled with the media playing up, the price suddenly fell off.

“Big store goods business is certainly all right to.” Said the boss to pay. According to some industry estimates, even if shot at current prices, speculators still do not really lose money because the new green bean market in September last year, wholesale prices soared before, only 3 yuan / kg or so, even if a late start time, to October the end of the price is only 4.2 yuan / kg.

It is understood that, as early as last summer, the main producing areas as the Northeast and Inner Mongolia, mung bean drought, bean production was expected to decline, many speculators to speculation eyes on mung beans, so close last year in September the new bean are all listed, the price is not eased, while the bean is the speculators are generally shot at the end, the average price of 5-6 yuan / kg, more 3-4 yuan / kg to get goods, profit margins are very large, which is why the recent wholesale price will suddenly from 10 yuan / kg or so to 7 yuan / kg reasons.

“A sudden drop in prices is clearly forced to control the pressure, hot money out of the madness.” A market that is only way, it becomes a business risk and pay for the speculators.

In fact, in mid-May, green bean prices once there are signs of diving, when the number of wholesale price reduction a few cents, and allegedly for the “active promotion.” Before long, the sound of several ministries of the official investigation came out, followed by mung bean is a substantial dive.

At present, the reasons for the mung bean prices, in addition to the temperature rise than in previous years, high prices led to excessive risk, sales less than expected, the impact of imports of green beans are also more serious. It is, at present Vietnam, Burma and other places of import bean prices were maintained at 6 yuan / kg or so, cheaper than domestic mung bean. But market participants said, “imports than domestic mung bean has always been cheaper, because the imported green beans taste or nutrition either not as good as the Northeast mung bean, and Japanese markets has only imported Chinese green beans.”

Some market estimates, due to be inhibited mung bean market, regulation has played a role, is expected to remain vulnerable situation later. Meanwhile, prices of other grains have also stop rising and stabilized. If prices continue to rise if not, the Dragon Boat Festival this year than previously expected to be a little bit better.

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