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DALIAN: The organic black kidney bean-producing areas in Inner Mongolia and Heilongjiang reported not much left in the stock of old goods. Due to the increase in rainfall and weather, the launch of new goods has been delayed. This week, the price of organic black kidney beans has increased slightly. Some exporters temporarily stopped making quotations due to a lack of inventory.

They are waiting for new goods to purchase raw materials centrally. The market predicts that all kinds of kidney beans in China will be reduced this year, and the high prices will continue after the new products are launched. It is not ruled out that some traders have inventory waiting for the price to rise. The exporter’s FOB Dalian offer this week was US$1,430 per ton. Please continue to pay attention to price changes in the production area.

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 1420/mt
Delivery 20  days after the contract

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