Man with Beans

Red kidney beans: Slow export orders

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DALIAN: Market participants reported that the domestic wholesale market for British red kidney beans is not fast, and traders mainly digest inventory.

Export orders at the port are limited, and foreign traders can replenish goods on demand. The surplus grains in the production area are concentrated in the northern part of China. The farmers who hold the goods are not very enthusiastic about selling goods, and the grain merchants are slow to load the goods. The export price this week is 1.640-1.660 US dollars per ton. The growth of British red kidney beans in the new season in Xinzhou, Shanxi Province in general, and there are expectations of a reduction in production. Pay attention to the yield and quality during the harvest period.

Mintec Global

Current Market Price in China for dark red kidney beans

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
Fob Dalian Usd 1650/mt
Delivery 20 days after the contract