DALIAN: During the Spring Festival, traders are on holiday, and the market is quiet. Traders wait to start work after the holiday, mainly to destock. There are limited export orders at the port, and there is no replenishment of food factories.
Demand has not been boosted, and grain merchants in producing areas are cautious in purchasing. There is still a certain surplus of grain at the grassroots level in Shanxi production areas, but the output of raw grain is low. Due to the limited supply of high-quality products from grain merchants, it is expected that the price of high-quality canned British red kidney beans will remain high, and there is little room for price increases.
Current Market Price in China for Dark Red Kidney Beans
| Product Name | Dark Red Kidney Bean |
| Type | Shanxi Type |
| size | 190-210 pcs / 100 g |
| Moisture | 16 % max |
| Package | 25 kg paper bag |
| Purity | 99.5 % |
| Loading | 22 mt / 20 GP |
| Fob Dalian | Usd 1570-1620/mt |
| Delivery | 20 days after the contract |