Domestic Red Kidney Bean Market is in a Downturn at China

DALIAN: Traders reported that imported goods severely impacted the domestic British red market. Traders’ inventory of imported goods increased, mainly due to destocking. Regular British red export orders at the port decreased, waiting for food factories to replenish. Export 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, the price of high-quality canned British red kidney beans is expected to remain high, with little room for growth. Pay attention to changes in the import and export market.

Current Market Price in China for Dark Red Kidney Beans