DALIAN: According to market participants, the planting area of black kidney beans has been decreasing recent years but prices are rising Prices were stable this week. Market participants expect a further reduction in the acreage of organic black kidney beans in 2022. The sown area of other white kidney beans, British red, and mung beans also decreased further. At present, sales in domestic and foreign markets are sluggish, and most of them are waiting for new grains to be launched. Currently, there is no downward trend in prices. In terms of exports, the demand in the US market has been greatly reduced, making it difficult to trade at high prices. In summer, the weather is hot, the market is sluggish, and quotations are stable. It is difficult for the downstream market to accept high prices. Changes in market acceptance and grain merchants’ mentality will affect the price of organic black kidney beans in the later period.
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 1350-1390/mt |
| Delivery | 20 Days after the contract |