Chinese Bean FOB Prices Edge Mixed as Humid Summer Weather Sets In

Chinese bean export prices are broadly stable to slightly softer this week, with mild gains in mung and adzuki beans contrasting with small declines in several kidney bean segments. Weather in North China is hot, very humid and stormy but not yet posing an acute threat to 2026/27 pulse yields, keeping fundamentals largely balanced for now. China’s domestic pulse complex is trading in a narrow band, supported by steady food-industry demand and firm soybean prices, but capped by comfortable supplies and cautious export buying. Trade data show China remains a key exporter of mung, adzuki and kidney beans, while wholesale market quotations for dry pulses have been broadly range‑bound in early July. Short‑term weather forecasts point to continued warmth and thunderstorms around Beijing and North China, but without clear evidence of crop damage at this stage.

Prices

All prices converted from USD to EUR at ~0.92 EUR/USD and refer to FOB offers dated 9 July 2026.

Wholesale data from China’s agricultural markets show dry bean and pea prices largely flat in early July, suggesting export offers are tracking a stable domestic baseline. Mung bean references for July confirm China’s role as a competitive supplier in Asia, though current export quotes sit in the upper half of the recent range, limiting incremental demand.

Supply & Demand

Recent agricultural weather bulletins indicate that major cropping areas in North and Northeast China have seen adequate to slightly above‑normal rainfall entering July, supporting soil moisture for pulses after summer sowing. Forecasts for the 2026 East Asia summer still point to above‑normal temperatures across central and eastern China, implying some heat‑ and drought‑risk later in the season but no immediate stress signal for beans.

Trade‑flow commentary and past export patterns show China remaining a leading shipper of mung, adzuki and kidney beans into Asia and the Middle East, while global food inventories for grains and pulses are generally comfortable, softening any short‑term supply shock. Given the absence of fresh policy shocks or logistics disruptions in the last few days, the near‑term balance for Chinese beans appears neutral, with export demand steady but not surging.

Fundamentals & Weather

Beijing’s 3‑day forecast (10–12 July 2026) calls for very humid conditions with highs around 28–30°C and recurring thunderstorms, which may briefly hamper field work and handling but also maintain moisture for summer pulses. National agro‑meteorological reports highlight that, so far, recent heavy convective storms are localized mainly in central China, with no widespread bean‑belt damage reported.

From a production‑risk perspective, the main watchpoint is the outlook for persistent heat later in July and August: research and seasonal outlooks warn that temperatures well above 25°C for extended periods can trim yields for many crops, especially if combined with soil‑moisture deficits. At this stage, however, current mixed price moves are better explained by normal seasonal adjustment and product‑specific demand than by clear weather‑driven supply shocks.

Trading Outlook (Next 1–2 Weeks)

• Mung beans (CN FOB): With organic quotes marginally firmer and conventional stable, upside looks limited unless Southeast Asian demand accelerates. Consider selling scale‑up into any 1–2% rally in EUR terms.
• Kidney beans: Softening in large white segments suggests some buyer resistance; end‑users may cautiously extend coverage on dips, while exporters should avoid undercutting until clearer demand signals emerge.
• Adzuki beans: Slight firmness amid steady confectionery and paste demand argues for a neutral‑to‑slightly‑bullish stance, but large new longs should wait for confirmation of weather‑related support later in July.

3‑Day Regional Price Direction (CN FOB)

• North China FOB (Beijing/Tianjin) mung beans: Stable to +0.5% in EUR as humid but manageable weather and steady inquiries persist.
• North China FOB kidney beans: Slightly soft, −0.5% to 0%, reflecting buyer pushback on large white premiums.
• North China FOB adzuki beans: Stable, 0% to +0.5%, tracking firm niche demand and no fresh supply pressure.