Chinese Black Kidney Bean: Decline in Purchasing Power

DALIAN: The domestic market of black kidney beans is not fast, and traders’ inventory is slow to digest. The number of export orders in Hong Kong has decreased, and there have been fewer inquiries and purchases by exporters. The grass-roots surplus in the production areas is low, the grain merchants are slow to load the goods, and the inventory asking prices are firm. Due to the limited volume of domestic trade, if there is no significant increase in export orders, the price may be difficult to rise. Given that grain holders generally are not willing to ship at low prices, short-term prices may be stable.

Current Market Price in China for Black kidney bean