Large White Kidney Beans: Prices Fall Back Slightly

Organic large white kidney bean: At China Prices are stable and exports are blocked

Spread the news!

Yunnan: According to market research feedback, the price of organic large white kidney beans has been stable recently, and the export market has slowed down. Due to the high prices this year, buyers reported that the procurement costs were too high. In terms of exports, shipping costs are too high and sluggish. The purchase price of raw grains exceeded US$2,000/ton, 45 grains/100G.

Due to price increases, manufacturers are cautious in purchasing, paying attention to pre-sale inventory, purchasing in small batches according to orders, avoiding backlogs, and dare not stock up in large quantities. For domestic trade standards, 45grains is quoted at US$2,360 per ton. As the origin quotation rises, export orders have declined compared with the same period of last year. The current standard export price is US$2,530-2570/ton, FOB Tianjin. Importers report that the prices are too high and the procurement costs have increased significantly. For this reason purchases are only in small quantities to cover the most urgent needs. Continue to pay attention to changes in origin prices.

Mintec Global

Price in China for Organic large white kidney bean

Product  Name Organic large white kidney bean
Size 45pcs/100g
Fob Dalian Usd 2530-2570/mt
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Moisture 16% max
Delivery 20 days after the contract