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Organic Large White Kidney Bean: Stagnation in Export Market

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YUNNAN: Exporters in the production area reported that the price of organic large white kidney beans fell due to market demand. Orders are mainly from the European market, but the market is sluggish. Replenishment by producers and exporters has decreased. The good news is that ocean freight rates are currently falling, which is good for the export market.

The purchase price of organic raw grains fell to $1.900/ton, 45 grains/100g. To avoid overstocking, manufacturers do not dare to stock up. At present, exporters’ quotations have begun to decline, and export orders have decreased significantly compared with the same period last year. The current standard export price is US$2.400-2.430/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 2410-2450/mt
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Moisture 16% max
Delivery 20 days after the contract