DALIAN: This week, the decline in European purchasing power has led to a drop in standard organic British red kidney bean price around $30-50 per ton. Demand in the foreign trade market weakened. The export volume decreased, and export orders were mainly sent to Italy, the United Kingdom, the Netherlands, and the Czech Republic. The export volume is decreasing year by year. Orders in the export market lack continuity, and exporters’ replenishment is not active. Imported products severely hit the domestic market.
The US market is not as good as the European market, and the purchase volume has dropped significantly. Of course, this is related to the epidemic, and high shipping costs hinder exports. Standard export prices for organic red kidney beans in the UK this week range from $1.600 to $1.640 a tonne. Importers are very concerned about changes in market prices.
The current market price in China is below：
| Product Name | Organic Red Kidney Bean |
| Type | Shanxi Type |
| size | 190-210pcs/100g |
| Moisture | 16% max |
| Package | 25 kg paper bag |
| Purity | 99.5% |
| Loading | 22 mt /20GP |
| Fob Dalian/Tianjin | Usd 1600-1640/mt |
| Delivery | 20days after contract |