Large white kidney beans: Shortage of supply, there is no market for export

Yunnan: According to market participants, the quotation for 45 pieces of Yunnan Large White Kidney Beans refers to USD 1,660/ton, and the quotation for 40 pieces of kidney beans refers to USD1,720/ton, the domestic trade standard.

Merchants do not have much spot inventory, and they maintain regular customers loading vehicles on-demand, and prices are temporarily stable. In the new season, large white kidney beans are growing normally and are in full bloom. At present, there are very few large white beans in the production area, mainly No. 40 and No. 50, and the export prices are 1,720 US dollars/ton and 1,780 US dollars/ton, respectively. It is impossible to predict the output in 2021, so farmers are unwilling to lower prices and sell their surplus grain. They would rather wait until autumn to export again. Prices will rise slightly this week. Mainly domestic trade orders, export only sporadic sales orders.

Current Market Price in China for large white kidney bean

Related posts:

Subsidy policy causes prices for kidney beans to rises Organic large white kidney beans’ surprise The situation of Organic adzuki beans Exports of large white kidney beans increasing Demand of market for dark red kidney beans The hometown of the Chinese organic red kidney beans India: An impressive growth of summer pulses area Crazy Adzuki beans?