Market Downturn at Chinese Domestic Red Kidney Beans

DALIAN: Traders report that the UK red market has been hit by the shock of imported goods, with no room for prices to rise. Traders have increased inventories of imported goods and increased pressure. Currently, they are mainly destocking. Regular British red export orders at the port decreased and prices were uncompetitive. The export market demand has not been boosted, and grain merchants in the producing areas are cautious in purchasing. There is still a certain surplus of grain at the grassroots level in Shanxi production areas, but the output of raw grain is low. Prices of high-quality British red kidney beans are stable due to the limited supply of high-quality products from grain merchants. Not much room for upside. Follow the latest market changes.

Current Market Price in China for dark red kidney beans