Chinese Black Kidney Beans: Drop in Production

Black Kidney Beans

DALIAN: At present, most grain merchants in the production area have bottomed out the supply of black kidney beans, and a small number of grain merchants still have early stocks. Due to recent disasters in Jilin, Liaoning and other regions, the new black kidney beans may be affected by disasters, which may affect the production in the later period. Grain merchants with large stocks sell goods at low prices negative. As the weather turns cooler, a small number of downstream merchants have recently purchased small quantities, and some processing plants have replenished according to demand, and black kidney beans have improved slightly.

Organic Black Kidney Beans

DALIAN: Market participants reported that the volume of organic black kidney beans continued to decrease, and most downstream wholesalers had no intention to purchase. It is predicted that the production of new goods will be reduced, and the current price is firm. Some merchants just need to replenish the goods, and the goods are on the go. In the short term, the price of black kidney beans is mainly weak. The growth of black beans in the new season and the mentality of merchants in the production and sales areas will affect the price in the later period.

Current Market Price in China for Black Kidney Bean