Black Bean Prices Surge in China's Dalian Region Amid Supply Reduction

Why Chinese Black Kidney Beans Price Remains High?

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According to our analysts in Dalian, China, black bean prices are still high due to the decline in global black bean production and the impact of this year’s black bean shortage. Before the Spring Festival, some traders are looking for new sources to replenish their stocks. Grain traders in Dalian trade on demand. There are variations in the quality of black beans in Jilin and Inner Mongolia. Some businessmen are buying Heilongjiang’s resources, but Heilongjiang still has too much of grain and it is very difficult to reduce the price. According to Zhuochuang, black bean prices are expected to remain stable next week.

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Current Market Price in China for Black kidney bean

Product  Name

Chinese Black Kidney Bean

Type small
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Conv. Fob Dalian USD 1170-1200/mt
Org.  Fob Dalian USD 1260-1290/mt
Delivery 20 days after the contract

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