Chinese Black Kidney Bean: The Affect of the Grain Traders’ Mentality

Dalian: Black kidney bean market sales are slow, and downstream merchants have little replenishment, which cannot drive black kidney bean prices. The supply of goods at the grassroots level in the northeast production area has bottomed out, and there is a certain amount of inventory in the intermediate links. Some grain merchants sold at low prices with stable quotations.

Zhuochuang Information predicts that prices will remain stable in early April. Prices of black kidney beans in the domestic market fell this week. The supply of black kidney beans in the production area is limited, and the market and processing plants replenish as needed. The export market is mainly to Southeast Asia and Venezuela.

The market moves slowly and prices cannot rise. Pay attention to the mentality of grain merchants, which will affect later prices.

Current Market Price in China for Black Kidney Bean