Organic Red Kidney Bean: Summer Market Sales Are Slow

DALIAN: Market participants reported that there are many types of vegetables in summer, and the British red market is sluggish. Organic UK red kidney bean prices are stable this week. The downturn in both domestic and international markets will continue.  As demand has not improved significantly, there are still low-priced imported goods in the market, and the domestic organic red kidney bean market has been affected, with individual exporters selling at low prices. The grain surplus at the grassroots level in the production area is low, the supply of grain suppliers is slow, and the sales of organic red kidney beans will stagnate in the short term. However, due to the further reduction of the acreage, the price of new arrivals is not expected to be too low. Argentine red kidney beans in South America are cheaper and are favored by more importers. Canners prefer organic English reds from China. Pay attention to the market changes in the new season and the shipping mentality of grain merchants.

The current market price in China is below：