DALIAN: Traders report that British red kidney bean prices have fallen due to demand, and there is no room for price increases in the short term. Traders cut prices to reduce inventory pressure. The standard export price this week is $1.530-1.560 per ton. At present, it is mainly destocking. Regular UK red kidney bean export orders at the port were reduced, and prices were uncompetitive.
The export market demand has not been boosted, and grain merchants in the producing areas are cautious in purchasing. There is still a certain surplus of grain at the grassroots level in Shanxi production areas, but the output of raw grain is low. Prices of high-quality British red kidney beans are stable due to the limited supply of high-quality products from grain merchants. There is not much room for improvement. 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 | 25 kg paper bag |
| Purity | 99.5% |
| Loading | 22 mt /20GP |
| Fob Dalian | Usd 1530-1560/mt |
| Delivery | 20 days after the contract |
