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

Chinese Black Kidney Beans: New Raw Grains Prices Are Higher Than Expected

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Black Kidney Beans

DALIAN: The new grains of black kidney beans have been harvested in some parts of the Northeast. This year, the quality varies from place to place. Some grain merchants have begun to purchase them, but the listing volume is small and the goods are limited. The current reference price for the purchase of gross grains is US$0.98-1.02. The new grains are expected to increase in volume in the first ten days of October. The quality and output of new grains in the later period, and at the same time the mentality of both buyers and sellers will affect the price of black beans.

Organic Black Kidney Beans

Mintec Global

DALIAN: This week, the harvest progress of black pearl black beans in Qiqihar, Heilongjiang is at about 20%. The quality of the new grain is acceptable, and the grain is slightly smaller than last year. The yield per mu is 200-250 kg, higher than the yield per unit in the past two years. The purchase price of new grain raw materials by grain merchants is 0.86-0.91 US dollars/kg, and the low-price sales are not active. Bright-skinned black beans are harvested sporadically in Fuxin, Liaoning Province. At present, the quality is average. We will pay attention to the quality and price of new grains 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