Large White Kidney Beans: Exporters Are Waiting For the New Products

Yunnan: According to the feedback from exporters, the demand has decreased recently, the shipments of surrounding merchants are small, and the transaction is slow. Most of the local new season kidney beans are growing well. Exporters wait for new products to enter the market and temporarily stop quoting. New arrivals are expected to be delayed.

Currently, the purchase price of 45 large white kidney beans in the domestic market is about 1.770-1.810 US dollars/ton, and the purchase price of 50-55 large white kidney beans is about 1.740-1.760 US dollars/ton. In terms of exports, the exchange rate of the euro has rebounded, and buyers from Spain, the United Kingdom, Poland, Belgium, the Czech Republic, and Russia have begun to inquire about new products. The good news is that ocean freight rates are down. The export reference quotation is stable this week, 45 grains, FOB Tianjin: 2.100-2.150 US dollars/ton. Continue to monitor changes in market prices.

Current Market Price in China for Large White Kidney Bean

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