Beans Market Analysis: Tight Supplies and Stable Demand Drive Firm Prices
The global beans market is experiencing a period of notable stability, underpinned by tight supplies and steady downstream demand. In China, the supply of high-quality British Red Kidney beans has become particularly scarce, with trade and export channels focused on digesting existing inventories. The limited availability of premium-grade beans is providing robust price support, especially for polished and export-quality lots. On the demand side, downstream buyers are balancing inventory drawdowns with measured, as-needed purchases, while seed demand remains healthy as the planting season progresses.
Reports from traders and processors indicate that stocks of top-grade British Red Kidney beans are running low, with very little surplus grain left on farms, reinforcing the current tight market environment. These factors, coupled with stable consumption patterns, have resulted in firm prices across many bean varieties, with only marginal week-on-week changes. As we look ahead, weather conditions in key growing regions and the pace of new crop plantings will be critical in shaping the next phase of market dynamics. For market participants, the prevailing environment calls for careful inventory management and close monitoring of both global weather patterns and trade flows.
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Mung beans
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FOB 1.36 €/kg
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Kidney beans
small, black, organic
99.5%
FOB 1.53 €/kg
(from CN)
📈 Prices
| Product | Type | Origin | Location | Price (USD/kg) | Weekly Change | Market Sentiment |
|---|---|---|---|---|---|---|
| Mung beans | Organic | CN | Beijing | 1.45 | -0.01 | Stable |
| Mung beans | 3.8 mm up | CN | Beijing | 1.36 | -0.01 | Stable |
| Kidney beans | Small, black, organic | CN | Beijing | 1.53 | +0.01 | Firm |
| Kidney beans | Large, white, organic | CN | Beijing | 3.42 | +0.01 | Firm |
| Kidney beans | Large white | CN | Beijing | 3.34 | -0.01 | Stable |
| Kidney beans | Dark red, organic | CN | Beijing | 2.45 | +0.01 | Firm |
| Kidney beans | Dark red | CN | Beijing | 2.30 | +0.01 | Firm |
| Kidney beans | Black | CN | Beijing | 1.47 | -0.01 | Stable |
| Adzuki beans | Red, organic, 5.0 mm up | CN | Beijing | 1.55 | +0.01 | Stable |
| Adzuki beans | Red, 5.0 mm up | CN | Beijing | 1.48 | +0.01 | Stable |
| Kidney beans | Dark red | BR | Brasília | 1.46 | 0.00 | Stable |
| Kidney beans | Brown eye | BR | Brasília | 1.40 | 0.00 | Stable |
| Kidney beans | White | GB | London | 1.39 | 0.00 | Stable |
| German beans | Split | GB | London | 0.99 | 0.00 | Stable |
| Fava Beans | Sortex, small | GB | London | 1.20 | 0.00 | Stable |
| Beans dried | Split, 12 mm | GB | London | 1.64 | 0.00 | Stable |
| Beans broad | Whole 12 mm | GB | London | 1.34 | 0.00 | Stable |
| Alubia beans | White | BR | Brasília | 1.40 | 0.00 | Stable |
🌍 Supply & Demand
- Supply: Scarcity of high-quality British Red Kidney beans in China is supporting prices. Most trade is inventory-based, with little new supply entering the market.
- Demand: Downstream buyers are mainly digesting existing stocks and making spot purchases. Seed demand is currently robust as the planting season continues.
- Inventory: Traders and processors report very low stocks of premium beans, and farm-level surplus is nearly exhausted.
📊 Fundamentals
- Crop Progress: Planting activity is ongoing in China and other Northern Hemisphere regions. Early reports suggest average-to-good emergence, but weather remains a key variable.
- Speculative Positioning: Limited speculative activity observed due to tight physical fundamentals and low stocks.
- USDA/Official Reports: Most recent data indicate stable global bean stocks, but regional shortages (notably in China) are increasingly evident.
🌦️ Weather Outlook
- China: Weather in Northeast China is currently favourable for planting, with moderate rainfall and mild temperatures aiding crop establishment. No major threats reported in the short term.
- Brazil: Harvest has concluded; dry weather has supported fieldwork, but some regions report lower yields due to earlier drought stress.
- UK: Slightly above-average rainfall is forecast for the next week, potentially delaying some late planting operations.
Potential Impact: If favourable conditions persist in China, we may see improved new crop prospects, but current tightness will likely keep prices firm through the short term.
🌐 Global Production & Stocks
| Country | 2024/25 Prod. (est, mln t) | 2024/25 Stocks (mln t) | Notes |
|---|---|---|---|
| China | 1.2 | 0.15 | Stocks tight, especially premium grades |
| Brazil | 1.0 | 0.18 | Harvest complete; some drought impact |
| UK | 0.2 | 0.03 | Import-dependent for specialty beans |
| India | 1.8 | 0.25 | Consistent importer; steady stocks |
📆 Trading Outlook & Recommendations
- Maintain close watch on inventory levels—tightness in China will likely keep prices supported.
- Monitor weather developments in China and the UK for potential planting/harvest disruptions.
- Buyers should consider forward contracts if supply tightness persists into late Q2.
- Exporters may benefit from holding premium-quality stocks for potential price appreciation.
- Speculative trading opportunities are limited in the current environment due to low volatility.
🔮 3-Day Regional Price Forecast
| Region | Exchange/Location | Current Price (USD/kg) | Forecast Trend (3 days) |
|---|---|---|---|
| China | Beijing (FOB) | 1.45 (Mung beans), 1.53 (Kidney beans) | Stable to slightly firm |
| Brazil | Brasília (FOB) | 1.46 (Kidney beans) | Stable |
| UK | London (FOB) | 1.39 (Kidney beans) | Stable |
