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Organic Large White Kidney Bean: 2021 Crop Sales Have Been Completed, New Crops Are Expected

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YUNNAN: Exporters in the producing area reported that the organic large white kidney beans produced in 2021 have been sold out. High-quality organic large white kidney beans need to wait until new products are available to start selling. In the first half of the year, the export market was hit by the shipping market and the epidemic, and the export volume dropped significantly. It is currently impossible to predict the market situation in the new season. The purchasing power of domestic and foreign markets declined. At the same time, it is difficult for foreign large white kidney beans to be imported into the domestic market. With the arrival of hot summer weather, domestic producers and exporters have no replenishment plans.

At present, the purchase price of organic raw grains has dropped to US$1.830/ton, 45 grains/100g. Exporters’ quotations have begun to decline, and export orders have decreased significantly compared with the same period last year. The current export standard reference price is 2.330-2.360 US dollars/ton, FOB Tianjin. Continue to monitor market price changes.

Mintec Global

Price in China for Organic Large White Kidney Bean

Product  Name Organic large white kidney bean
Size 45pcs/100g
Fob Dalian Usd 2330-2360/mt
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Moisture 16% max
Delivery 20 days after the contract