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Organic Large White Kidney Bean: Will the Downturn Continue?

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YUNNAN: Exporters in the production area reported that the market downturn continued, and the price of organic large white kidney beans began to stabilize after the price fell. The main export market is the European market, and the market price is difficult for customers to accept. Restocking by both producers and exporters is reduced. The good news is that ocean freight rates are now falling further, which is good for export markets. The purchase price of organic raw grains fell to $1.900/ton, 45 grains/100g. As summer is approaching, manufacturers dare not stock up to avoid backlogs. 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$2.380-2.410/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 2380-2410/mt
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Moisture 16% max
Delivery 20 days after the contract