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Large white kidney beans: The price of new goods is too high

by | Nov 5, 2021 | Beans, Pulses

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Yunnan: New crops from the Yunnan-producing areas are on the market sporadically. Merchants have recently arrived in small quantities of 2-3 tons, and the demand is light. In addition, low-priced old grains are on sale in the market. The new grains are not available quickly. The new domestic trade standard of 40-50 particle size is currently quoted at USD 2.000-2.030 per ton.

Export standard exporters stop quoting. According to the forecast of a small number of new products currently on the market, the price of new grains will strengthen after the market, and the cost of 40-50 grains will exceed 2.100 US dollars. At present, the standard reference price for domestic trade of old crop goods, price of 50 grains, is US$1,860/ton. The normal export reference price of 40 grains is US$1.890/ton. Please continue to pay attention to the latest changes in the domestic market and changes in the weather in the production area.

Current Market Price in China for large white kidney bean

Product  Name Large white kidney bean
Size 40pcs/100g
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1890/mt
Delivery 20  days after the contract

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