Organic black kidney beans: The export situation is difficult to improve

DALIAN: Domestic organic black soybean exports have shown no improvement, and most producers and traders are still digesting the initial purchase inventory. Most grain merchants in the production areas have limited orders, and prices are stable.

Export prices were high this week, and there was little purchase intention in the downstream market. As a result, the recent black soybean transactions in the export and domestic markets have been bleak. Zhuo Chuang Information believes that from the current black bean market, prices are stable in the short term. Exporters predict that the export situation will not improve until the new products come down.

Current Market Price in China for Organic black kidney bean more Kidney Beans offers

17.Large white kidney beans- Stable export prices more Kidney Beans offers

Yunnan: Affected by typhoon fireworks this week, heavy rains occurred in many parts of the country. Serious floods occurred in Henan, which severely affected the main food crops of corn and wheat. Market participants predicted that it might have some impact on food prices in autumn. There are very few stocks left in the production area of large white beans, and only a few producers have stocks. Farmers are unwilling to sell at low prices. Some prefer to wait until the fall to sell ingredients. Exporters say that prices will not continue to fall. Focus on stability. This week’s export price FOB TIANJIN IS USD 1650/MT.

Current Market Price in China for large white kidney bean more Kidney Beans offers

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