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Organic large white kidney bean: The price of the new product is too high after the listing

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Yunnan: According to market research feedback, the price of China’s organic sizeable white kidney beans has been operating powerfully after its listing. Due to the high prices this year, buyers reported that the procurement costs were too high, and the export market fell into a downturn. The purchase price of gross grains exceeded US$2,000/ton, 45 grains/100G. Due to the rise in the price of new grains, producers are cautious in purchasing, purchasing small quantities according to orders, avoiding backlogs, and dare not hoard large amounts of goods. According to domestic trade standards, 45 capsules are quoted at US$2,350 per ton.

As the quotations of producing areas continued to strengthen, export orders were not as large as in the same period last year. The current export standard quote is US$2,560/ton, FOB Tianjin. Importers report that the price is too high, and the purchase cost has increased dramatically.

Mintec Global

Price in China for Organic large white kidney bean

Product  Name Organic large white kidney bean
Size 45pcs/100g
Fob Dalian Usd 2560/mt
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Moisture 16% max
Delivery 20 days after the contract