Large White Kidney Beans: Sluggish Export and Domestic Market

Large White Kidney Bean

Yunnan: Exporters report that the large white kidney beans from the Yunnan-producing region have entered the end of sales, and prices have remained stagnant. Later prices will change due to shipping and other factors. At present, the purchase price of 45 large white kidney beans in domestic trade is 1.920-1.970 US dollars/ton, and the purchase price of 50-55 large white kidney beans is 1.900-1.940 US dollars/ton. In terms of exports, the European market was affected by the euro’s exchange rate, and export orders fell in Spain, the United Kingdom, Poland, Belgium, and the Czech Republic. Compared with last year, export orders were down and unstable and greatly affected shipping. This week, the exporter offered 45 grains, FOB Tianjin: US$2.270-2.300/ton. Continue to monitor changes in market prices.

Current Market Price in China for large white kidney bean

Organic Large White Kidney Bean

Yunnan: Exporters in the producing area reported that despite the severe shortage of high-quality organic large white kidney beans, prices remained stable due to the sluggish export and domestic markets. Mainly domestic sales. The demand in the European market has declined, and the market price is difficult for customers to accept. Due to the high cost, the US market has few orders, mainly LCL and small orders. Producers and exporters have recently cleared inventories and hope the sea freight will drop further. The purchase price of organic raw grains fell to 1.870 US dollars/ton, 45 grains / 100 grams. At present, exporters’ quotations have begun to decline, and export orders have decreased significantly compared with the same period last year. The current standard export price is 2.320-2.370 US dollars/ton, FOB Tianjin. Continue to monitor market price changes.

Price in China for Organic Large White Kidney Bean