YUNNAN: Exporters in the producing area reported that the price was stable this week, but the organic large white kidney beans were basically sold out, and most of the exporters stopped quoting. High-quality organic large white kidney beans need to wait until new arrivals are available. However, due to the weak domestic and foreign markets, it is impossible to predict the market situation in the new season. At present, farmers in the producing areas report good growth. Affected by the epidemic, the purchasing power of the domestic market has declined. It is difficult for foreign large white kidney beans to enter the domestic market. Importers are desperate to find alternatives, and as summer approaches, domestic producers and exporters have no replenishment plans and have recently started to clear their inventories.
Currently, the purchase price of organic raw grains has dropped to $1.900/ton, 45 grains/100g. 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 2.420-2.460 US dollars/ton, FOB Tianjin. Continue to monitor market price changes.
Price in China for Organic large white kidney bean
| Product Name | Organic large white kidney bean |
| Size | 45pcs/100g |
| Fob Dalian | Usd 2420-2460/mt |
| Package | 25kg PP bag |
| Purity | 99.5% |
| Loading | 22mt /20GP |
| Moisture | 16% max |
| Delivery | 20 days after the contract |