Organic black kidney beans: Low quantity and high price

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DALIAN: China’s 2021/2022 organic black kidney beans have a small output, high prices, and few grassroots surpluses. Most grain merchants process stocks, and most grain merchants have inventories less than half of the previous years. The supply is limited, and low prices are reluctant to support costs. Producers are right. High price conflicts, purchases are more cautious.

Zhuo Chuang Information believes that it is slightly tricky for prices to continue to rise from the current purchase and sales of black kidney beans. At the same time, grain producers in the producing areas are reluctant to sell and support the cost of organic black kidney beans. In the short term, prices are mainly stable and slightly more robust.

Mintec Global

Current Market Price in China for Organic black kidney bean

Product Name Organic black kidney bean
Type small
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1320-1350/mt
Delivery 20  days after the contract