Bean Field

Chinese Organic Black Kidney Beans: U.S. Orders Plummeted

Mintec Global
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DALIAN: The organic black kidney beans market is superior to regular black kidney beans. Export orders were stable, mainly concentrated in Japan, Taiwan, and the US and Southeast Asian markets. Affected by the Argentine kidney beans, the United States saw a decrease in orders, and exporters had fewer orders for organic black kidney beans, and exports showed a downward trend. It is expected that there is little room for price increases in the later period. However, the supply of goods at the grassroots level in the production area is limited, and it is difficult for grain merchants to purchase. Most grain merchants have stable quotations and are reluctant to sell at low prices. But some grain merchants ship at low prices.

Zhuochuang Information believes that it is difficult for the price to rise in the short term from the current market situation of black kidney beans. If most grain merchants are unwilling to sell at low prices, it may support prices to a certain extent. Please pay attention to the mentality of grain merchants in the producing area.

Current Market Price in China for Organic Black Kidney Bean

Product  NameOrganic Black Kidney Bean
TypeSmall
Moisture16% max
Package25 kg PP bag
Purity99.5%
Loading22mt /20GP
Fob DalianUsd 1370-1400/mt
Delivery20 days after the contract