DALIAN: Market researchers said that in the new season of 2022, the UK red planting area is forecast to decrease by more than 50%, and the price of red kidney beans has begun to rise. Recently, some grain merchants have begun to stock up. In the export market, port orders are scarce due to high uncompetitive prices. Buyers’ purchasing power has declined, and producers’ inventories have been digested slowly. Standard export prices for the week were $1.590-1.620 a tonne. Grain merchants in producing areas are cautious in purchasing. Prices of high-quality British red kidney beans remain high due to the limited availability of high-quality products from grain merchants. However, due to weak demand, the price upside is limited. Follow the latest market changes.
Current Market Price in China for Dark Red Kidney Beans
| Product Name | Dark 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 | Usd 1590-1620/mt |
| Delivery | 20 days after the contract |