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Chinese Black Kidney Beans: Less Demand, Weak Position

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DALIAN: Recently, the overall delivery of the black bean market is not fast, the sales volume in many places is less than the same period last year. Also, the flow of people in some markets is less. At present, most businesses mainly are using their inventory. With insufficient orders, the current grain prices are stable and falling. Pay attention to the early New Year’s day market inventory situation. If the market procurement is not active, it is expected that black beans are likely to have a stable and slightly weak position.

Mintec Global

Current market price in China for black kidney beans

Product  Name Chinese Black kidney beans
Type small
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1330-1360/mt
Delivery 20 days after the contract

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