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Chinese Organic Large White Kidney Bean: Impossible to Predict the Market Situation for the New Season

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YUNNAN: Exporters in the production area reported that the organic large white kidney beans in the production area are growing well, and the goods produced in 2021 are sold out. High-quality organic large white kidney beans need to wait until new arrivals are available. In the first half of the year, the export market was impacted by the shipping market, and the export volume decreased significantly. It is currently impossible to predict the market situation in the new season. The purchasing power of domestic and foreign markets declined. At the same time, it is difficult for foreign large white kidney beans to be imported into the domestic market. Domestic producers and exporters have no plans for replenishment. At present, the purchase price of organic raw grains has dropped to US$1.850/ton, 45 grains/100g. Exporters’ quotations have begun to decline, and export orders have decreased significantly compared with the same period of last year. The current reference price is 2.320-2.360 US dollars/ton, FOB Tianjin. Continue to monitor market price changes.

Mintec Global

Price in China for Organic Large White Kidney Bean

Product  Name Organic large white kidney bean
Size 45pcs/100g
Fob Dalian Usd 2320-2360/mt
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Moisture 16% max
Delivery 20 days after the contract