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

Chinese Black Kidney Beans: Sluggish Market

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Black Kidney Beans

DALIAN: Most producers in the production area have bottomed out the supply of black kidney beans, and a small number of sellers still have some stocks. Due to few market orders, it is difficult for grain merchants to sell the goods. Most of the downstream merchants stopped collecting and only a small number of food factories are purchasing beans. The price of black kidney beans is weak before the launch of the new grains. Pay attention to the goods sold in various places and the growth of new grains.

Organic Black Kidney Beans

Mintec Global

DALIAN: Traders in the production area are waiting for new products to be launched, and a small number of grain traders still have pre-stocks. At present, grain traders have different attitudes. Some grain traders sell at a profit, and there are also low-priced traders who do not sell, and the quotations are slightly strong. Sales in the downstream market are sluggish, and individual merchants and food factories make appropriate purchases according to demand. After the new grain is launched, it will affect the price in the later period.

Current Market Price in China for Black Kidney Beans

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