End of Season Scarcity
Currently, the production areas for British red kidney beans are experiencing a significant scarcity of supplies. As the season for grain purchases and sales comes to an end, there is an increasing trend among sellers to lower prices gradually.
On-Demand Procurement
Traders in downstream sales areas are adopting an on-demand procurement approach, with domestic market demand primarily driven by purchase and sale transactions. This cautious buying behavior is reflective of the current market dynamics.
Short-Term Price Stability
In the short term, prices for British red kidney beans are expected to remain high and stable. This stability is due to the basic depletion of grain stocks among farmers in the producing areas, coupled with scarce trader inventories and the influence of low selling prices.
Inventory Challenges
Farmers in the producing areas have largely exhausted their supplies, and traders are dealing with limited inventories, which are being sold at low prices. The downstream market is approaching procurement with caution, focusing on inventory digestion and selective purchasing.
Price Support from Inventory Costs
Despite the scarcity, the cost of maintaining inventories continues to support the current high prices for British red kidney beans. The cautious procurement and inventory management strategies are key factors influencing the market.
Market Outlook
The outlook for British red kidney beans remains stable in the short term, with high prices supported by inventory costs and limited supply. Market participants will need to monitor the situation closely as the season progresses and new factors come into play.
The British red kidney bean market in Dalian reflects typical end-of-season dynamics, with scarce supplies and cautious procurement behavior. The stability in prices, despite low inventories, underscores the importance of strategic inventory management in maintaining market balance.
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 |
| Conv. Fob Dalian | USD 2350-2380/mt – EURO 2188-2216/mt |
| Org. Fob Dalian | USD 2430-2460/mt – EURO 2262-2290/mt |
| Delivery | 20 Days after the contract |