Yunnan: Exporters reported that the market demand was poor in March. The raw material procurement costs for merchants before the Spring Festival were too high, and the pressure to digest pre-holiday inventory increased. Prices fell due to market influence. Later prices will change due to shipping and other factors.
The purchase price of 45 large white kidney beans is 1820-1850 US dollars/ton, and the purchase price of 50-55 grain size is 1.800-1.820 US dollars/ton. Food and canning factories don’t buy any beans. In terms of exports, exports are mainly to the European market, Spain, the United Kingdom and the Czech market. Compared with last year, export orders are down and unstable, greatly affected by sea freight.
This week, exporters offered 45 grains, FOB Tianjin: US$2.300-2.340/ton. Continue to monitor changes in market prices.
Current Market Price in China for Large White Kidney Bean
| Product Name | Large White Kidney Bean |
| Size | 40 pcs/100g |
| Moisture | 16% max |
| Package | 25 kg PP bag |
| Purity | 99.5% |
| Loading | 22mt /20GP |
| Fob Dalian | Usd 2300-2340/mt |
| Delivery | 20 days after the contract |