DALIAN: Currently, the stock of red kidney beans at the grassroots level in most production areas is scarce, and the stock of middlemen and grain merchants is lower than that of the same period last year. The market is sluggish, traders are waiting for the new products. Market participants report that the planting area of the new products has decreased significantly. Some manufacturers plan to ship at low prices. There are also grain merchants with larger inventories who are still reluctant to sell and are in an attitude of wait and see. Downstream merchants digesting inventory.
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 1.660-1.700/mt |
Delivery | 20days after contract |