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Shortage of Raw Materials for Chinese Organic Large White Kidney Bean

Mintec Global
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YUNNAN: According to market research feedback, there is a shortage of raw materials for organic large white kidney beans, the market is sluggish, and prices are stable. Traders replenish their inventories in small amounts. Affected by the Spring Festival, some manufacturers have excess inventory, and the current price is stable. On the export side, shipping costs 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’ inventory will ease. Manufacturers are cautious in purchasing to avoid backlogs and do not dare to stock up. Based on domestic trade standards, the 45 grit was quoted at $2.430 a tonne. Exporters’ quotations are stable at present, and export orders have decreased compared with the same period last year. The current standard export price is US$2.480-2.510/ton, FOB Tianjin. Foreign importers report that prices are still high, and import procurement costs have increased significantly. Buy in small quantities as needed. Continue to monitor market price changes.

Price in China for Organic Large White Kidney Bean

Product  NameOrganic Large White Kidney Bean
Size45pcs/100g
Fob DalianUsd 2480-2510/mt
Package25kg PP bag
Purity99.5%
Loading22mt /20GP
Moisture16% max
Delivery20 days after the contract