Chinese Black Kidney Bean: Traders Push the Price Up

DALIAN: This week, the price of black kidney beans was stable and slightly on the strong side. The supply of black kidney beans in the domestic black kidney bean producing areas was less than that in the same period of previous years. At the same time, it still took time for the new grains to be launched. During the period, the market still had rigid demand. The downstream market generally sells goods, merchants just need to purchase, and some grain merchants think that it is slightly difficult for prices to rise, and the quotations remain stable. If the downstream merchants accept the high price, the grain merchants’ quotations in the production area may further rise, but the high market price conflicts and the price increase are slightly difficult. Pay attention to the downstream procurement and the mentality of the grain merchants.

Current Market Price in China for Black Kidney Bean