Organic large white kidney bean: Prices rise and exports are blocked

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Yunnan: According to market research feedback, the price of China’s organic large white kidney beans has soared since the listing. Due to the high prices this year, buyers reported that the procurement costs were too high. In terms of export, the cost of ocean freight is too high, and it is in a downturn. The purchase price of raw grains exceeded US$2,000/ton, 45 grains/100G.

Due to the increase in prices, producers are cautious in purchasing, purchasing in small quantities according to orders, avoiding backlogs, and dare not stock up in large quantities. According to domestic trade standards, 45 capsules are quoted at US$2,350 per ton. As the quotations of origin continue to rise, the volume of export orders is lower than that of the same period last year. The current export standard quote is US$2,540-2580/ton, FOB Tianjin. Importers report that the prices are too high, and the procurement costs have increased significantly—procurement on demand in small quantities.

Mintec Global

Price in China for Organic large white kidney bean

Product  Name Organic large white kidney bean
Size 45pcs/100g
Fob Dalian Usd 2540-2580/mt
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Moisture 16% max
Delivery 20 days after the contract