Harvesting Highs: Yunnan’s Bean Market Thrives
In the heart of China’s Yunnan region, a bean bonanza unfolds as market dynamics signal a surge in prices for large white kidney beans. Feedback from industry insiders reveals that stock levels have hit a low point, with inventory holders hesitant to part with their supplies, fueling a sustained upward trend in prices.
Domestic Dominance Amidst Export Challenges
The export arena mirrors this bullish trend, with the domestic market asserting its dominance due to soaring prices and limited availability. Exporters, capitalizing on this scarcity, are quoting prices upwards of US$3,000 per tonne, underscoring the lucrative nature of Yunnan’s bean trade on the global stage.
Navigating the Bean Boom
As prices climb and supply remains tight, stakeholders in Yunnan’s bean industry navigate a landscape ripe with opportunity and challenges. While sellers benefit from heightened demand and elevated prices, buyers face the task of securing adequate supplies amidst dwindling stockpiles.
Unveiling the Implications
This surge in bean prices not only reflects the localized dynamics within Yunnan’s agricultural sector but also sheds light on broader trends shaping the global bean market. As Yunnan’s beans command premium prices on the export front, the region’s significance as a key player in the global bean trade continues to grow.
Charting the Course Forward
As the bean boom in Yunnan unfolds, stakeholders remain vigilant, monitoring market trends and seizing opportunities presented by this bullish market. With prices on the rise and supply constraints looming, strategic decisions and agile responses are essential to navigating the bean market’s dynamic landscape in the days to come.
Current Market Price in China for large white kidney bean
Product Name |
Large white kidney bean |
| Size | 40-60pcs/100g |
| Moisture | 16% max |
| Package | 25kg PP bag |
| Purity | 99.5% |
| Loading | 22mt /20GP |
| Conv. Fob Dalian | USD 2890-2930/mt – EURO 2641-2678/mt |
| Org. Fob Dalian | USD 2970-3000/mt – EURO 2714-2742/mt |
| Delivery | 20 days after the contract |