Scarce Market Supplies in Production Areas
Exporters from Yunnan report that the production areas for large white kidney beans are experiencing a significant scarcity of supplies. This shortage is driving prices up, with sustained high prices proving difficult for buyers to accept.
High Export Prices and Limited Market Movement
The market for large white kidney beans is moving in small quantities. Standard quality export quotes are currently exceeding $3,420 per tonne. Some holders are anticipating further price increases, though the overall export market remains weak.
Organic Products Fetch Higher Prices
Organic large white kidney beans are commanding even higher prices, with standard export quotes surpassing $3,500 per tonne. However, traders are predicting that prices will gradually decline as the weather heats up.
Factors Influencing Future Prices
Several factors could determine whether prices for large white kidney beans in Yunnan will rise, remain stable, or fall:
Supply Levels: Continued scarcity in production areas could keep prices high.
Buyer Acceptance: Sustained high prices might push buyers to seek alternatives, potentially lowering demand and prices.
Weather Conditions: Warmer weather could impact both supply and demand, influencing price trends.
Market Movements: Small market movements and weak export demand could lead to a gradual price decline.
Organic Product Demand: High prices for organic products could either stabilize or rise, depending on consumer demand.
Monitoring these factors will be crucial in predicting the future price trends of large white kidney beans in Yunnan’s market.
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 3420-3450/mt – EURO |
| Org. Fob Dalian | USD 3490-3520/mt – EURO |
| Delivery | 20 days after the contract |