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Chinese Organic Large White Kidney Bean: Prices Remain High and The Market is Sluggish

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Yunnan: According to market research feedback, China’s organic large white kidney beans ended the continuous upward trend this week, and prices fell due to demand. In terms of exports, shipping costs are too high and are in a downturn. The purchase price of raw grain is less than 2000 US dollars/ton, 45 grains / 100 grams. The Spring Festival is approaching, to avoid inventory backlog, manufacturers are cautious in purchasing and do not dare to stock up. According to domestic trade standards, 45 grains were 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. Importers report that prices remain too high, and procurement costs have increased significantly. Procurement in small quantities on demand. Continue to monitor market price changes.

Price in China for Organic Large White Kidney Bean

Product  Name Organic Large White Kidney Bean
Size 45 pcs/100 g
Fob Dalian Usd 2500-2530/mt
Package 25 kg PP bag
Purity 99.5 %
Loading 22 mt /20 GP
Moisture 16 % max
Delivery 20 days after the contract