Black Bean Prices Surge in China's Dalian Region Amid Supply Reduction

Chinese Black Kidney Bean Market Overview

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Black Kidney Bean

DALIAN: Market participants reported that black kidney beans were affected by market demand this week, and their prices were stable. The quotations of individual grain merchants were slightly strong, and the market sold fewer goods. The processing quality of each company was different, and there was a price difference between the quotations. Most grain merchants carry goods with them, and some grain merchants consider that it will take time for new grains to be launched, and there is still demand in the market during this period, so they do not sell at low prices. Paying attention to the mentality of grain merchants and market demand will affect the price in the later period.

Current Market Price in China for Black Kidney Bean

Mintec Global
Product  Name Chinese Black kidney bean
Type Small
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1290-1330/mt
Delivery 20 days after the contract

Organic Black Kidney Bean

DALIAN: Recently, producers and exporters have been processing according to demand and arguing on the basis of quality. According to Zhuo Chuang Information, there are currently very few organic black kidney beans in Northeast China. Although some stocks are in the intermediate links, it will take time for the new grains to go on sale. Market merchants still need to support the price of black kidney beans. Recently, black kidney beans have been sown in some parts of the Northeast. At the same time, some areas in the Northeast can receive subsidies for planting black kidney beans. Farmers are still enthusiastic about planting. The area may increase in some areas. Pay attention to the actual planting area of new grains and the availability of goods in the later market.

Current Market Price in China for Organic Black Kidney Bean

Product  Name Organic black kidney bean
Type Small
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1340-1370/mt
Delivery 20  days after the contract