DALIAN: Traders reported sluggish market demand and slow digestion of merchant inventories. Due to the different quality of supply, there are differences in quotations. Exports to the U.S. market are affected by shipping and tariffs. The domestic British red price is stable in the short term, mainly purchased from South America. Traders cut prices to ease inventory pressure. Standard export prices for the week were $1,530-1,560 a tonne. At present, it is mainly destocking. Regular UK red export orders at the port were reduced and prices were uncompetitive. The export market demand has not been boosted, and grain merchants in the producing areas are cautious in purchasing. There is still a certain surplus of grain at the grassroots level in Shanxi production areas, but the output of raw grain is low. Prices of high-quality British red kidney beans are stable due to the limited supply of high-quality products from grain merchants. There is not much room for improvement. Follow the latest market changes.
Current market price in China for dark red kidney beans
| Product Name | Dark red kidney bean |
| Type | Shanxi type |
| size | 190-210pcs/100g |
| Moisture | 16% max |
| Package | 25kg paper bag |
| Purity | 99.5% |
| Loading | 22mt /20GP |
| Fob Dalian | Usd 1530-1560/mt |
| Delivery | 20 days after the contract |