YUNNAN: According to market research feedback, the price of organic large white kidney beans is stable. This week, manufacturers began to resume production. Prices are currently stable due to the influence of the Chinese New Year.
On the export side, shipping costs are exorbitant and in the doldrums. The purchase price of raw grain is less than 2000 US dollars/ton, 45 grains / 100 grams. As the Spring Festival is approaching, in order to avoid backlogs, manufacturers are cautious in purchasing and do not dare to stock up. 45 grains were quoted at $2.430 a tonne based on domestic trade standards. Exporters’ quotations are stable at present, and export orders have decreased compared with the same period last year. The current standard export price is US$ 2.480-2.510/ton, FOB Tianjin. Importers report that prices remain too high, and procurement costs have increased significantly. Purchases are in small quantities as needed. Continue to monitor market price changes.
Price in China for Organic Large White Kidney Bean
| Product Name | Organic Large White Kidney Bean |
| Size | 45pcs/100g |
| Fob Dalian | Usd 2500-2530/mt |
| Package | 25kg PP bag |
| Purity | 99.5% |
| Loading | 22mt /20GP |
| Moisture | 16% max |
| Delivery | 20 days after the contract |