Black Bean Prices Surge in China's Dalian Region Amid Supply Reduction

Chinese Black Kidney Bean: Prices Are Slightly Weak

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DALIAN: Black kidney beans are generally sold slowly, and the transaction volume in various places is not large. The supply of goods at the grassroots level in the production areas has bottomed out. A small number of grain merchants have stocks, and the quotations have dropped tentatively. The inventory of some merchants in the sales area has bottomed out and will not be replenished for the time being. There are also merchants who still have a small amount of inventory, and the quotations are stable or slightly weak. Due to heavy rain in some areas, the growth of black kidney beans was slightly affected. The growth of new grains and the mentality of grain merchants in production and sales areas will affect the price in the later period.

Mintec Global

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 1.260-1.300/mt
Delivery 20 days after the contract