Red bean

Chinese Red Kidney Beans: Planted Area Decreased Year-On-Year

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DALIAN: Since March, the import volume of kidney beans has been increasing, but the export volume has been decreasing month by month. Due to insufficient foreign trade, the demand for British red kidney beans in the domestic trade market is flat. The source of imported goods has squeezed some domestic markets, and traders’ willingness to purchase from the production area has declined. Although the grain merchants in the production area have limited orders, the area of the new season has decreased year on year, which has boosted the mentality of grain merchants holding goods and supported the stable operation of prices in the short term. Continue to monitor market changes.

Mintec Global

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 1580-1620/mt
Delivery 20  Days after the contract