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

Chinese Black Kidney Beans: Will the New Crop Stimulate the Market?

Mintec Global
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Black Kidney Bean

DALIAN: The supply of black kidney beans at the grassroots level in the production area has bottomed out. Only a small number of sellers still have some inventory. There are very few market purchases, and some food factories purchase according to demand. At present, the growth of the new season black kidney beans in the northeast region is good, but the accumulated temperature this year is low, and the black kidney beans mature slightly later in some areas. Pay attention to the later frost time, which will affect the quality and output of black kidney beans.

Organic Black Kidney Bean

DALIAN: Traders and producers are waiting for new products to enter the market, and a few grain traders still have small stocks. Currently, the attitudes of grain merchants are different. Some traders sell at a profit, and some traders do not sell at low prices, and the quotations are slightly firm. Sales in the downstream market are sluggish, and individual merchants and food factories make appropriate purchases according to their needs. Market players are trying to change the market downturn. After the new grain is launched, it will affect the price in the later period.

Current Market Price in China for Black Kidney Bean

Product  NameChinese black kidney beanOrganic black kidney bean
Typesmallsmall
Moisture16% max16% max
Package25kg PP bag25kg PP bag
Purity99.5%99.5%
Loading22mt /20GP22mt /20GP
Fob DalianUsd 1260-1300/mtUsd 1320-1350/mt
Delivery20 days after the contract20 days after the contract

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