YUNNAN: According to market research feedback, the price of organic large white kidney beans is stable this week, due to the influence of the Chinese New Year. The domestic market is suspended. On the export side, shipping costs are too high and are in a downturn. The purchase price of raw grain is less than 2000 US dollars/ton, 45 grains / 100 grams.
As the Spring Festival is approaching, in order to avoid overstocking, manufacturers are cautious in purchasing and do not dare to stock up. 45 grains were quoted at $2,430 a tonne based on domestic trade standards. At present, exporters’ quotations are stable, and export orders have decreased compared with the same period last year. The current standard export price is US $ 2.480-2.510/ton, FOB Tianjin. Importers report that prices remain too high and procurement costs have increased significantly. Purchasing in small quantities on demand. Continue to monitor market price changes.
| Product Name | Organic Large White Kidney Bean |
| Size | 45 pcs / 100 g |
| Fob Dalian | Usd 2.500-2.530 / mt |
| Package | 25 kg PP bag |
| Purity | 99.5 % |
| Loading | 22 mt / 20GP |
| Moisture | 16 % max |
| Delivery | 20 days after the contract |