DALIAN: After the Spring Festival, the organic red kidney bean market became active, and the demand in the foreign trade market increased. Export prices have risen by about $30 per ton compared with pre-holidays. Inquiries in Italy, the United Kingdom, the Netherlands, and the Czech Republic increased. Export markets are expected to recover. Due to the increase in searches in the export market, exporters began to replenish.
Imported products severely hit the domestic market. The US market is not as good as the European market, and purchases have dropped significantly. Of course, this is related to the epidemic, and high shipping costs hinder exports. Standard export prices for organic red kidney beans in the UK this week range from $1.640 to $1.670 a tonne. Importers are very concerned about changes in market prices.
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 1640-1670/mt |
Delivery | 20days after contract |