Red Kidney Bean

Organic red kidney bean: The market downturn continues

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DALIAN: According to market feedback, the downturn in the British red market has not improved, and the export market for organic red kidney beans is better than black kidney beans and lentils. Exporters report that export profits are meagre. Sales to the Netherlands, Italy and Russia have stalled.

Due to the sluggish export market, prices fell slightly. Imported products severely hit the domestic market. The U.S. market is not as good as the European market, and the purchase volume is significantly reduced. Of course, this is related to the epidemic, and high transportation costs hinder exports. This week, the standard export price of British organic red kidney beans was US$1.620-1.660 per ton. Importers are very concerned about changes in market prices.

Mintec Global

The current market price in China is below

Product  Name Organic red kidney bean
Type Shanxi type
size 190-210pcs/100g
Moisture 16% max
Package 25kg paper bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian/Tianjin Usd 1620-1670/mt
Delivery 20days after contract