DALIAN: Market participants reported higher market prices due to fewer organic raw materials. However, the actual transaction volume is very small due to price and other reasons. In terms of export orders, shipments to Italy, the United Kingdom, the Netherlands, the Czech Republic, France and Germany decreased significantly. And the export volume is decreasing year by year. Orders in the export market lack continuity and traders are not active in replenishment. The domestic market has a backlog of imported British red stocks, which imported products have severely impacted. The US market is not as good as the European market, and purchases have dropped significantly. Of course, this is related to the epidemic, and high shipping costs hinder exports. Standard export prices for organic red kidney beans in the UK this week range from $1.640 to $1.670 a tonne. Continue to monitor changes in market prices.
The current market price in China is below:
Product Name | Organic 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/Tianjin | Usd 1640-1670/mt |
Delivery | 20days after contract |