News & Updates

Chinese Black kidney bean: Price increased a bit

by | Aug 10, 2021 | Beans, Pulses

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DALIAN: According to Zhuo Chuang Information, the price of black soybeans in Tongliao, Inner Mongolia, has recently increased slightly. In the new season, the black soybean planting area has decreased, and there is not much surplus grain.

Grain producers in the producing areas have difficulty in purchasing raw materials, which drives up prices. Prices in most other areas are stable. The quotations in the Jiangsu and Anhui areas were lowered due to poor transactions. Zhuo Chuang Information predicts that, from the perspective of the current black soybean market, the price of black soybeans in the Jiangsu and Anhui regions has dropped slightly, and the price of black soybeans in Northeast China has risen steadily. This week’s export price FOB TIANJIN OR DALIAN: USD 1300/MT.

Current Market Price in China for Black kidney bean

Product Name Black kidney bean
Type small
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1260/mt
Delivery 20 days after the contract

Organic black kidney beans: The export situation is difficult to improve

DALIAN: Domestic organic black soybean exports have shown no improvement, and most producers and traders are still digesting the initial purchase inventory. Most grain merchants in the production areas have limited orders, and prices are stable. Export prices were high this week, and there was little purchase intention in the downstream market. As a result, the recent black soybean transactions in the export and domestic markets have been bleak. Zhuo Chuang Information believes that prices are stable in the short term from the current black bean market. Exporters predict that the export situation will not improve until the new products come down.

Current Market Price in China for Organic black kidney bean

Product Name Organic black kidney bean
Type small
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1330/mt
Delivery 20  days after the contract

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