Low Stocks in the UK
Currently, red kidney bean stocks are bottoming out in the UK’s producing areas. Despite this low supply, there is limited room for price increases due to subdued demand from both domestic and international food factories and canneries.
Low Summer Demand
The summer season has brought a decrease in demand from food factories and canneries, both domestically and abroad. This low demand has prevented prices from rising, even as stocks diminish. Downstream traders are purchasing only as needed, maintaining a market environment where buying and selling are conducted on an as-needed basis.
Stable Prices Expected
Given the current market conditions, it is expected that British red kidney bean prices will remain high and stable in the short term. The combination of low supply and limited demand is contributing to this stability.
As the red kidney bean market continues to navigate through low summer demand and diminishing stocks, stakeholders should monitor these trends closely. The interplay between supply constraints and demand fluctuations will be crucial in determining future price movements.
Product Name |
Dark Red Kidney Bean |
| Type | Shanxi type |
| size | 190-210pcs/100g |
| Moisture | 16% max |
| Package | 25kg paper bag |
| Purity | 99.5% |
| Loading | 22mt /20GP |
| Conv. Fob Dalian | USD 2350-2380/mt – EURO 2187-2215/mt |
| Org. Fob Dalian | USD 2430-2460/mt – EURO 2262-2290/mt |
| Delivery | 20 Days after the contract |