DALIAN: With the arrival of summer, the market has entered the traditional off-season of sales. Traders mainly digest inventory, and the amount of replenishment is limited. Manufacturers are in trouble. Producers and traders replenish inventories according to demand. Affected by the weather, the low-altitude kidney beans in the producing area are not growing well. Supply is expected to be limited this month, with relatively good growth in high-altitude areas. This year, there is a certain expectation of a reduction in the production of kidney beans. Some grain merchants are not willing to ship at low prices, which will support prices in the short term.
Current Market Price in China for Dark Red Kidney Beans
Product Name | Dark 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 | Usd 1580-1620/mt |
Delivery | 20 days after the contract |