Chinese Red Kidney Beans: Will the Market Improve?

Red Kidney Beans

DALIAN: At present, there are few old goods left in the domestic market, and grain merchants generally clear their warehouses. The new season of British red kidney beans will be available in September. But in recent years the acreage has decreased and prices have risen. The market will not improve significantly in the later period, and it cannot be ruled out that there will be a phenomenon of rushing goods in stages, which will lead to an increase in prices. The export markets are mainly the United States, the Czech Republic of the European Union, Italy, the United Kingdom, Spain, Belgium and other countries. But the share of the Italian market is decreasing year by year. Stay tuned for changes in weather and origin.

Organic Red Kidney Beans

DALIAN: According to the feedback from traders and origins, the old organic red kidney beans are sold out, the export quotation is suspended, and the producers are waiting for the new products to enter the market. But the reference price remained stable due to the downturn in the market. Buyers periodically inquire about new goods and prices. Due to the downturn in the British red market last year, it is predicted that the phenomenon of stockpiling of new products this year will decrease, and prices will not rise rapidly. Pay attention to buyer dynamics and production area changes.

Current Market Price in China for Dark Red Kidney Beans