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Large White Kidney Beans: Poor Market Demand in China

Mintec Global
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Yunnan: The exporters reported that the market demand was not good, and the merchants digested the previous inventory, and have not replenished it after the holiday. Prices are stable and will change due to shipping and other factors. The purchase price of 45 large white kidney beans is 1.920-1.935 US dollars/ton, and the purchase price of small grains is 1.810-1.830 US dollars/ton. Domestic food and canning factories and canning don’t buy any beans.

In terms of exports, exports are to the European market, Russia, Spain, the United Kingdom, and the Czech market. Export orders were down and erratic compared to a year ago. This week, exporters offered 45 grains, FOB Tianjin: US$2,380-2410/ton. Continue to monitor changes in market prices.

Market Price in China for Large White Kidney Bean

Product  NameLarge White Kidney Bean
Size40pcs/100g
Moisture16% max
Package25kg PP bag
Purity99.5%
Loading22mt /20GP
Fob DalianUsd 2410-2440/mt
Delivery20 days after the contract