Large White Kidney Beans Will Prices Rise

Large White Kidney Beans: Will Prices Rise?

Mintec Global
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Yunnan: According to feedback from market participants and the production area of large white kidney beans, new crop is expected to be collected in mid-November. Individual traders have a small amount of old crops, but the price is too high to sell. New production is predicted to be higher than last year, about 10% more.

It is difficult for foreign large white kidney beans to enter the Chinese market and the new crop bean prices continue to run high, especially organic large white kidney bean prices are predicted to break through 3,000 U.S. dollars per tonne.

Current Market Price in China for large white kidney beans

Product  NameLarge white kidney bean
Moisture16% max
Package25kg PP bag
Loading22mt /20GP
Conv. Fob DalianUSD 2750-2870/mt
Org.  Fob DalianUSD 2890-2920/mt
Delivery20 days after the contract

Import/Export Statistics

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