DALIAN: The domestic wholesale market of black kidney beans is slow to sell, and traders are not motivated to replenish. Insufficient export orders on the port, foreign trade business inquiries are limited. Due to sluggish demand, the export of goods in the producing area is slow. This year, the area of black kidney beans in the new season has decreased year on year, and the output of new grains is expected to be limited. Some grain merchants in the production area are not willing to ship at low prices, and their quotations are stalemate; a few have cleared their warehouses due to their intentions, and price transactions can be negotiated.
Current Market Price in China for Black Kidney Bean
Product Name | Chinese black kidney bean |
Type | Small |
Moisture | 16% max |
Package | 25kg PP bag |
Purity | 99.5% |
Loading | 22mt /20GP |
Fob Dalian | Usd 1290-1330/mt |
Delivery | 20 days after the contract |