Yunnan: China’s sizeable white kidney bean market is in a quiet period. Exporters have stopped quoting due to lack of supply and are waiting for new products to be launched in November. Some traders import small amounts of African white kidney beans to replenish stocks. Exporters said that the price of Chinese white kidney beans is mainly affected by imports from North Korea and Myanmar.
However, traders said that due to the vast domestic market, if there are no imported goods, prices will run at a high level due to the influence of supply and demand. Currently, exporters can only quote reference prices. The cost of 40 large white kidney beans is US$1,730/ton, which is the domestic trade standard. The standard export reference price of 40 grains is US$1780/ton. Please continue to pay attention to the latest changes in the import market and changes in the weather in the production areas.
Current Market Price in China for large white kidney bean
|Product Name||Large white kidney bean|
|Package||25kg PP bag|
|Fob Dalian||Usd 1780/mt|
|Delivery||20 days after the contract|
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