Black Bean Prices Surge in China's Dalian Region Amid Supply Reduction

Organic Black Kidney Beans: Pandemic Hampers Transportation

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DALIAN: Recently, inquiries for organic black kidney beans have increased, but the export market has been sluggish. The price of black beans has not fluctuated much this week. There are not many stocks in the Northeast producing areas, and grain merchants mainly focus on processing stocks. At present, the quality of black beans in Northeast China is uneven, and there are price differences in the quotations of various grain merchants.

Recently, logistics and transportation in Jilin, Tongliao, Inner Mongolia and other places have been blocked, and it is difficult to transport black beans. After paying attention to the logistics recovery in the later stage, the market procurement situation and the mentality of grain merchants in the production area will affect the price of organic black kidney beans in the later stage.

Mintec Global

Current Market Price in China for Organic Black Kidney Bean

Product  Name Organic black kidney bean
Type small
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1320-1350/mt
Delivery 20  days after the contract