Red Kidney Beans

Organic Red Kidney Bean: The Market Downturn Continues

Spread the news!

DALIAN: According to market feedback, the export price of British red is stable and there will be no major fluctuations before the Spring Festival. The export market for organic red kidney beans is better than black kidney beans and lentils. Exporters report that the small export profits are mainly due to small profits but quick turnover. The Czech Republic, Italy, the Netherlands and Russia have significantly reduced their purchases. Due to the sluggish export market, prices are stable. 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. The standard export price of organic red kidney beans in the U.K. this week is US$ 1.610-1.650 per ton. Importers are very concerned about changes in market prices.

Mintec Global

The current market price in China is below

Product  Name Organic Red Kidney Bean
Type Shanxi type
size 190-210 pcs/100g
Moisture 16% max
Package 25 kg paper bag
Purity 99.5%
Loading 22 mt /20GP
Fob Dalian/Tianjin Usd 1.610-1.650/mt
Delivery 20 days after the contract