DALIAN: This week, exporters reported that the price of organic black kidney beans from grain merchants in the production area was slightly stronger. Considering that the surplus grain in Northeast China is less than the same period in previous years, and it still takes time for new grains to be launched, there is still a rigid demand in the market during this period. It rose slightly, but the high price was challenging to deal with. There are also grain merchants whose stocks are not large, and the quotations are basically stable. If the downstream market can accept high prices, grain merchants’ quotations may rise further. Pay attention to the market acceptance and grain merchants’ mentality, which will affect the price of organic black kidney beans in the later period.
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 1340-1370/mt |
| Delivery | 20 days after the contract |