Dark Red Kidney Beans
DALIAN: As of this week, there are not many old crop of red kidney beans in the market, and grain merchants have generally cleared their warehouses. The new season of British red kidney beans is already on the pod setting stage. Due to the severe drought in the early stage, the pod setting rate is not high. Although the moisture content has eased at this stage, there is still an expectation of production reduction. If the yield is low, the market price of new kidney beans will increase in stages.
Organic Dark Red Kidney Beans
DALIAN: According to feedback from traders and origins, the supply of organic red kidney beans in China is scarce, export quotations are suspended, and the inventories of middlemen and grain merchants are low. But prices have remained stable due to the downturn in the market. Producers and traders are looking forward to new products coming to market as soon as possible, with market participants reporting that some production areas are dry in the new season. The production cuts are expected to be severe. Grain merchants with larger inventories are still reluctant to sell and in an attitude of wait and see. The Italian, Dutch, Czech, and UK markets are the main sales regions for organic red kidney beans. Pay attention to buyer dynamics and production area changes.
Current Market Price in China for Dark Red Kidney Beans
| Product Name | Dark red kidney bean | Organic red kidney bean |
| Type | Shanxi type | Shanxi type |
| size | 190-210pcs/100g | 190-210pcs/100g |
| Moisture | 16% max | 16% max |
| Package | 25kg paper bag | 25kg paper bag |
| Purity | 99.5% | 99.5% |
| Loading | 22mt /20GP | 22mt /20GP |
| Fob Dalian | Usd 1580-1620/mt | Usd 1660-1700/mt |
| Delivery | 20 Days after the contract | 20 days after the contract |