European Buyers Hesitant to Purchase
Exporters in Yunnan report that European buyers are struggling to accept the current high prices of large white kidney beans. Many are opting to wait for new supplies due to the current scarcity.
High Domestic Prices
In the production areas, the prices of large white kidney beans remain high due to limited supplies. The domestic market demand is strong, which continues to support these elevated prices.
Anticipation of New Harvest in November
New supplies of large white kidney beans are not expected until the harvest in November. This delay is contributing to the sustained high prices, as current stocks are insufficient to meet demand.
Export Quality Standards
The offer for export quality large white kidney beans is currently over $3480 per tonne. Given the present market conditions, it is predicted that prices are unlikely to decline in the short term.
As the market for large white kidney beans remains tight, with high prices and limited supplies, both exporters and buyers should prepare for continued price stability. Monitoring the upcoming harvest and potential shifts in market demand will be crucial for making informed purchasing and sales decisions.
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 3470-3500/mt – EURO 3230-3258/mt |
| Org. Fob Dalian | USD 3540-3570/mt – EURO 3295-3323/mt |
| Delivery | 20 days after the contract |