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

Chinese Black Kidney Bean Market Is Quite Stagnant

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DALIAN: The price of Chinese black kidney bean has been basically stable and the downstream trading has been subdued. Most businesses are not highly motivated to buy and only need to replenish supplies. Most grain traders in production areas have limited orders. Currently, due to the different quality and price of purchase, there is a small price difference between grain traders in the producing regions, so they now buy and process according to demand. At the current stage, the black bean price and the base supply in the producing regions indicate that the black bean price is stable and somewhat weak in the short term.

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Current Market Price in China for Black Kidney Beans

Product  Name Chinese Black kidney beans
Type small
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1240-1260/mt
Delivery 20 days after the contract

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