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

Chinese Black Kidney Bean Surplus Increases and Prices Fall

Mintec Global
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DALIAN: The surplus of black kidney beans in producing areas increased year-on-year, while downstream businesses were not active in purchasing. Some producers in the producing areas have large inventories, which yield shipment. Most merchants digest the early inventory, and the quotation is slightly weak in the producing areas. In the black bean market, prices seem to remain weak in the short term.

Current Market Price in China for Black Kidney Bean

Product  NameChinese Black kidney bean
Typesmall
Moisture16% max
Package25kg PP bag
Purity99.5%
Loading22mt /20GP
Fob DalianUsd 1240-1260/mt
Delivery20 days after the contract

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