Limited Grain Supply
Currently, the supply of grain in Dalian is limited, with grain merchants halting their collection efforts. In regions like Jilin and Inner Mongolia, some grain merchants still have a small amount of inventory. However, the overall market activity remains slow.
Low Prices and Reduced Demand
Despite having inventory, the prices set by these grain merchants are low. With the rising temperatures, the demand for black beans has decreased. As a result, businessmen are making purchases based on immediate needs, making it difficult for prices to rise further.
Stable Prices in the Short Term
According to Zhuochuang information, black bean prices are expected to remain stable in the short term. The market is not showing significant movement, and the current conditions suggest that prices will not experience any major fluctuations in the coming days.
The black bean market in Dalian is experiencing a period of stability amidst limited supply and reduced demand. With grain merchants halting collection and low prices persisting, it is challenging for the market to see any significant price increases. Stakeholders should keep an eye on temperature trends and inventory levels to anticipate any potential changes in market dynamics. This period of stability offers a chance for strategic planning and assessment of future market conditions.
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 1240-1270/mt – EURO 1154-1182/mt |
| Org. Fob Dalian | USD 1320-1350/mt – EURO 1229-1257/mt |
| Delivery | 20 days after the contract |