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Pay Attention to Organic Large White Kidney Beans Market Price Changes

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YUNNAN: According to market research feedback, the price of organic large white kidney beans is stable. Manufacturers resume production after the holiday. Due to the influence of the Chinese New Year, some producers have surplus stocks, and prices are currently stable. On the export side, shipping costs by sea are too high. The purchase price of raw grain is less than 2.000 US dollars/ton, 45 grains / 100 grams. After the Spring Festival, the pressure on traders’ inventories will decrease. Manufacturers are cautious in purchasing to avoid backlogs and do not dare to stock up. 45 grains were quoted at $ 2.430 a tonne based on domestic trade standards.

Exporters’ quotations are stable at present, and export orders have decreased compared with the same period last year. The current export standard price is US$ 2.480-2.510/ton, FOB Tianjin. Foreign importers report that prices are still too high, and import procurement costs have increased significantly. Buy in small quantities as needed. Continue to monitor market price changes.

Mintec Global

Price in China for Organic Large White Kidney Bean

Product  Name Organic Large White Kidney Bean
Size 45pcs/100g
Fob Dalian Usd 2480-2510/mt
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Moisture 16% max
Delivery 20 days after the contract