Limited Supply in Producing Areas
Exporters from Yunnan have reported a significant scarcity of large white kidney beans in major producing areas. This shortage has led to a rise in prices as the limited supply struggles to meet demand.
High Prices Affect Buyer Interest
The sustained high prices are proving challenging for buyers, both domestically and internationally. In the domestic market, only small quantities are available, and the high cost is making it difficult for buyers to make purchases.
Export Market Faces Stagnation
Export offers for standard quality large white kidney beans have surpassed $3450 per tonne. However, European buyers are finding these prices hard to accept and currently have no plans to procure at such high rates. They are opting to wait for new supplies in hopes of more favorable pricing.
Outlook and Market Impact
The current stagnation in the export market highlights the challenges faced by both exporters and buyers. Until new supplies arrive and prices stabilize, the market is expected to remain sluggish. This situation underscores the need for better supply chain management and pricing strategies to ensure market stability.
Comment
The Yunnan large white kidney bean market is experiencing a tough period due to supply shortages and high prices. For a sustainable future, stakeholders must address these issues by improving production efficiencies and exploring more competitive pricing models. The current situation serves as a reminder of the importance of balancing supply and demand to maintain market health.
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 3430-3460/mt – EURO 3151-3179/mt |
| Org. Fob Dalian | USD 3500-3530/mt – EURO 3216-3243/mt |
| Delivery | 20 days after the contract |