Red Kidney Bean

Organic Red Kidney Bean: Scarce Stock

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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.

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 1.660-1.700/mt
Delivery 20days after contract