china trader worried troubles problems

Large white kidney beans – Chinese export market is in trouble

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YUNNAN – According to the feedback of Yunnan producers, domestic big white kidney beans currently stock less than 20% of the raw materials, and the export market is in trouble this week.

Customers from overseas are mostly asking about new crop goods, but there are no actual orders. The raw materials in stock are mainly sold to domestic wholesale markets and food factories.

The price is determined according to the quality of the goods and the actual transaction price, which is 100-110 USD per ton cheaper than the export price. This week’s export quotations are FOB TIANJIN USD 1.720 per ton. Exporters predict that the impact of Myanmar beans would not change significantly in August.

Current market price in China for large white kidney beans

Product Name Large white kidney beans
Size 65-70pcs/100g
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
FOB Dalian USD 1.720/mt