Red Kidney Bean

Organic Red Kidney Bean: Export Market’s Price Is Increasing

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DALIAN: Market participants reported a decrease in organic British red raw materials in producing areas and an increase in market prices. However, due to price and other reasons, the actual volume is very small. The export market has been sluggish for some reason and hasn’t gotten better. Traditional importers Italy, the UK, the Netherlands, the Czech Republic, France and Germany saw significantly lower volumes. 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 has been severely impacted by imported products. There are only sporadic orders in the US market. 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 were between $1.660 and $1.680 a tonne. Continue to monitor changes in market prices.

Mintec Global

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