DALIAN: Market participants reported that the domestic wholesale market of black kidney beans was not fast, and traders digested old grain inventories and replenished a small amount. The grassroots surplus in the production area is limited, and the intermediate links still hold quantitative inventory.
The new season black kidney beans in some producing areas have been harvested one after another. Due to limited export orders and slow domestic trade demand, grain merchants mainly avoid risks and lower prices for purchases, and short-term prices may hardly be boosted.
Current Market Price in China for Black kidney bean
|Product Name||Chinese Black kidney bean|
|Package||25kg PP bag|
|Fob Dalian||Usd 1280/mt|
|Delivery||20 days after the contract|