Supply Constraints Lead to Price Hikes
In Northeast China, tight supplies of black kidney beans have prompted grain merchants to struggle with stocking. Consequently, merchants are selling the beans at elevated prices, with low-price offerings scarce and procurement limited to meet demand.
Outlook for Northeast Black Bean Planting
As planting of black kidney beans commences in Northeast China, Zhuochuang information anticipates a brief period of constrained supply. Limited residual grain at grassroots levels is bolstering support prices, ensuring smooth price movements. Attention is focused on the actual sowing area of late black beans to gauge future market dynamics.
Stay Informed: Current Market Prices
Stay informed about the current market prices in China for black kidney beans to make well-informed decisions in this dynamic market landscape.
Product Name |
Chinese Black Kidney Bean |
Type | Small |
Moisture | 16% max |
Package | 25kg PP bag |
Purity | 99.5% |
Loading | 22mt /20GP |
Conv. Fob Dalian | USD 1260-1290/mt – EURO 1168-1196/mt |
Org. Fob Dalian | USD 1330-1360/mt – EURO 1233-1261/mt |
Delivery | 20 days after the contract |