DALIAN: During the Spring Festival, the organic red kidney bean market was affected by demand, and the price did not change. It is expected that grain merchants will ship positively after the festival. The shipping market and the Spring Festival affected the Italian, British, Dutch and Czech markets, and the import volume declined, which is expected to recover after the Spring Festival. Due to the sluggish export market, exporters are currently suspending replenishment.
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 ranged from $1.600 – $1.630 a tonne this week. 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 | 190-210 pcs / 100 g |
| Moisture | 16 % max |
| Package | 25 kg paper bag |
| Purity | 99.5 % |
| Loading | 22 mt / 20GP |
| Fob Dalian/Tianjin | Usd 1600-1630/mt |
| Delivery | 20 days after the contract |
The following reports may be of interest to you:
Related posts:
Subsidy policy causes prices for kidney beans to rises
Organic large white kidney beans’ surprise
The situation of Organic adzuki beans
Exports of large white kidney beans increasing
Demand of market for dark red kidney beans
The hometown of the Chinese organic red kidney beans
India: An impressive growth of summer pulses area
Crazy Adzuki beans?