Red Kidney Bean

Organic Red Kidney Bean: Production Cuts Will Support Prices

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DALIAN: According to the preliminary research of Zhuochuang Information, farmers in domestic production areas are not very enthusiastic about planting British red kidney beans this year. The planting area in the Northeast production area is still not large. Although the demand side is not enough, the area in the new season is reduced, and there is some expectation of production reduction. The mentality of grain merchants with goods has been boosted, and the short-term support for stable prices. It is recommended to focus on the late growth of British red kidney beans in the new season, which will affect the operating mentality of the market players and thus affect the price trend.

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 1660-1700/mt
Delivery 20 days after contract