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Organic Black Kidney Beans: Prices are Unlikely to Rise in The Short Term

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DALIAN: After entering the winter, the organic black kidney bean market was sluggish, export orders decreased, and the purchase speed of manufacturers slowed down. Most of the exporters in the production area have few organic black kidney beans orders, the export is on a downward trend, and the price has gradually stabilized. However, the supply of goods at the grassroots level in the production area is limited, and it is difficult for grain merchants to supply goods. Most grain merchants have stable quotations and are reluctant to sell at low prices. But there are also some grain merchants who ship at low prices. Zhuochuang Information believes that considering the current delivery situation of black kidney beans, it is difficult for the price to rise in the short term. If most grain merchants are reluctant to sell at low prices, which may support prices to a certain extent, please pay attention to the mentality of grain merchants in the producing areas.

Mintec Global

Current Market Price in China for Organic Black Kidney Beans

Product Name Organic Black Kidney Beans
Type Small
Moisture 16 % max
Package 25 kg PP bag
Purity 99.5 %
Loading 22 mt /20 GP
Fob Dalian Usd 1330-1370/mt
Delivery 20  days after the contract