Depleting Stocks in Northeast
Black bean stocks in the northeast producing areas of Dalian have bottomed out, making it increasingly difficult for grain merchants to load supplies. This scarcity is providing support for prices.
Merchant Inventory and Price Support
Currently, only a small number of grain merchants have inventory. These merchants are strongly inclined to support and even pull up prices, driven by the low availability of black beans. Downstream procurement is happening on an as-needed basis.
Price Forecast
According to Zhuochuang Information, considering the current supply and demand situation, black bean prices are expected to rise slightly in the coming days.
With black bean stocks running low and demand continuing, prices are anticipated to increase. Stakeholders should keep an eye on inventory levels and market trends to make informed purchasing decisions in this tightening market.
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 1149-1176/mt |
| Org. Fob Dalian | USD 1330-1360/mt – EURO 1232-1260/mt |
| Delivery | 20 days after the contract |