DALIAN: According to market feedback, the downturn in the British red market has not improved, and the export market for organic red kidney beans is better than black kidney beans and lentils. Exporters report that export profits are meagre. Sales to the Netherlands, Italy and Russia have stalled.
Due to the sluggish export market, prices fell slightly. Imported products severely hit the domestic market. The U.S. market is not as good as the European market, and the purchase volume is significantly reduced. Of course, this is related to the epidemic, and high transportation costs hinder exports. This week, the standard export price of British organic red kidney beans was US$1.620-1.660 per ton. 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 | 25kg paper bag |
Purity | 99.5% |
Loading | 22mt /20GP |
Fob Dalian/Tianjin | Usd 1620-1670/mt |
Delivery | 20days after contract |