DALIAN: This week, market participants reported that British red kidney beans were slow in the domestic wholesale market, and producers and exporters were mainly digesting inventories and waiting for new grains to be launched.
Export orders at the port are limited, and foreign traders are cautious in receiving goods. In the Xinzhou production area of Shanxi, due to insufficient rains in the previous period, there is an expectation of a reduction in the production of red kidney beans in the new season. The buying and selling stalemate, short-term transaction volume is difficult to boost. The harvesting of British red kidney beans in the new season in Xinjiang is sporadic. The Inner Mongolia and Hebei regions will also enter the harvesting period one after another. Pay attention to the yield and quality of kidney beans in the new season.
Current Market Price in China for dark red kidney beans
|Product Name||Dark red kidney bean|
|Package||25kg paper bag|
|Fob Dalian||Usd 1650/mt|
|Delivery||20 days after the contract|
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