Red Beans

Chinese Red Kidney Beans: Are Exporters in Trouble?

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DALIAN: Market survey participants reported that the prices of various beans such as grains and miscellaneous grains began to rise, and the price of British red rose slightly recently. On the export side, port orders are scarce due to uncompetitive prices. Mainly due to the impact of prices, the purchasing power of buyers decreased, and the inventory of producers was slow to digest. Standard export prices for the week were $1,570-1,600 a tonne. Grain merchants in producing areas are cautious in purchasing. Due to the limited supply of high-quality products from grain merchants, the price of high-quality British red kidney beans is running high. But the upside is limited due to demand. Follow the latest market changes.

Mintec Global

Current Market Price in China for Dark Red Kidney Beans

Product  Name Dark red kidney bean
Type Shanxi type
size 190-210pcs/100g
Moisture 16% max
Package 25kg paper bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1580-1620/mt
Delivery 20  days after the contract