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Chinese Black Kidney Bean: Old Crop Beans Are Running Out

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Black Kidney Bean

DALIAN: Most producers in the production area have bottomed out the supply of black kidney beans, and a small number of grain merchants still have pre-stocks, which are now processed and priced according to demand. Most downstream merchants have little intention of replenishment, digesting inventory and waiting for new grains to be launched. Some food factories purchase appropriate amounts according to demand. At this stage, the growth of black kidney beans varies from place to place. Pay attention to the weather and the growth of black kidney beans in the later period.

Organic Black Kidney Bean

Mintec Global

DALIAN: Currently, traders in the production area are waiting for new products to be launched, and a small number of grain traders still have pre-stocks. Grain traders have different attitudes. Some grain traders sell at a profit, and there are also low-priced traders who do not sell, and the quotations are slightly strong. Sales in the downstream market are sluggish, and individual merchants and food factories make appropriate purchases according to demand. They are trying to change the market downturn. After the new grain is launched, it will affect the price in the later period.

Current Market Price in China for Black Kidney Bean

Product  Name Chinese Black kidney bean Organic black kidney bean
Type Small Small
Moisture 16% max 16% max
Package 25kg PP bag 25kg PP bag
Purity 99.5% 99.5%
Loading 22mt /20GP 22mt /20GP
Fob Dalian Usd 1260-1300/mt Usd 1320-1350/mt
Delivery 20 days after the contract 20 Days after the contract