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DALIAN: Affected by the national policy-encouraging the planting of soybeans and corn in the Northeast producing areas, the planting area of black kidney beans have been reduced, resulting in a substantial reduction in production. As a result, the price of organic black kidney beans has risen year by year, and the supply of listed products is limited, and the price is still running at a high level.

Exporters worry that merchants will stock up on goods, leading to rapid price increases. However, high prices have caused exports to be in trouble. Currently, exporters are quoting USD 1330-1360/ton, but the number of exports is limited, and manufacturers produce on demand. The wholesale market dominates domestic trade, and the quality requirements are lower than the export standards. Importers from Mexico and Venezuela have no current need for black kidney beans. Please continue to pay attention to changes in origin prices and shipping market changes.

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 1330-1360/mt
Delivery 20  days after the contract

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