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Large White Kidney Beans: Why Are Prices Falling?

by | Apr 11, 2022 | Beans, Pulses

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Yunnan: Exporters reported that the supply of large white kidney beans in origin has decreased, and transportation difficulties have increased due to the epidemic’s impact. Foreign large white kidney beans are also unable to enter the Chinese market. So far, no imports from North Korea and Myanmar have entered the market, and domestic prices of large white kidney beans have fallen. Later prices will change due to shipping and other factors. The purchase price of 45 large white kidney beans is US$1.800-1.830/ton, and the purchase price of 50-55 grains is US$1.830-1.850/ton. In terms of exports, exports are mainly to the European market, Spain, the United Kingdom, Poland, Belgium and the Czech market. Compared with last year, export orders were down and unstable and significantly affected by shipping. This week the exporter offered 45 grains, FOB Tianjin: US$2.300-2.340/ton. Continue to monitor changes in market prices.

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 2300-2340/mt
Delivery 20 days after the contract

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