Black Bean Prices Surge in China's Dalian Region Amid Supply Reduction

What Is Affecting the Price of Organic Black Kidney Beans in China

Spread the news!

DALIAN: Due to the sluggish export market of organic black kidney beans, the price of black beans did not fluctuate much this week. There were not many stocks in the northeast producing areas, and grain merchants were mainly processing stocks. At present, the quality of black beans in Northeast China is different, and there are price differences in the quotations of various grain merchants. Recently, logistics and transportation in Jilin and Tongliao, Inner Mongolia, have been blocked, and black beans are difficult to be shipped out. In addition to the logistics problem, the market procurement situation and the mentality of grain merchants in the production area will affect the price of black beans in the later period.

Mintec Global

Current Market Price in China for Organic black kidney bean

Product  Name Organic black kidney bean
Type small
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1320-1350/mt
Delivery 20 days after the contract