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Organic Black Kidney Beans: The Shortage of Raw Materials at China

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DALIAN: There is a severe shortage of organic black kidney beans, and it is challenging to purchase standard export sources. It is difficult for prices to rise under the influence of the market downturn. Prices have been stable since December. Exporters have fewer inventories, and the speed of purchasing has slowed down. There are not many grassroots resources in the production area. Not selling at low prices has supported the price of organic black kidney beans. However, individual grain merchants also stock old grains and sell them at small profits. Zhuo Chuang Information believes that the overall price is mainly stable for the current organic black kidney bean market, and the market pays attention to the later market.

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Current Market Price in China for Organic Black Kidney Bean

Product  Name Organic Black Kidney Bean
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