DALIAN: With the Spring Festival approaching, most downstream merchants are not very enthusiastic about the replenishment of small black kidney beans and just need to purchase. The grain merchants in the production area have limited orders, and they have entered the shutdown stage one after another before the festival. A small number of grain merchants have orders, process them on demand, and deliver goods according to the agreed time. Some grain merchants believe that the surplus grain in the production area is limited. If there is a round of replenishment in the market after the Spring Festival, the price of small black kidney beans will rise, and they are reluctant to sell at low prices. Pay attention to the market procurement situation after the Spring Festival and the surplus grain in the production area, which may affect the price in the later period.
Current Market Price in China for Black Kidney Bean
Product Name | Chinese Black Kidney Bean |
Type | Small |
Moisture | 16 % max |
Package | 25 kg PP bag |
Purity | 99.5 % |
Loading | 22 mt / 20 GP |
Fob Dalian | Usd 1280-1320/mt |
Delivery | 20 days after the contract |