DALIAN: After the Chinese New Year, organic black kidney beans in the export market have been slow to pick up. Traders have restocked and purchased appropriate quantities according to the inventory situation. A small amount of rigid replenishment demand has not boosted the downturn in the production area. This year, the total planting area in Northeast China has decreased compared with the previous year.
At present, there is not much surplus grain in the production area, and some grain merchants have the intention to raise prices. The price of black soybeans in some parts of the Northeast has risen slightly. However, the downstream market has not improved, and the quotations of merchants are stable. Exporters are serious about price inflation. Continue to pay attention to price changes in production areas.
Current Market Price in China for Organic black kidney bean
|Product Name||Organic black kidney bean|
|Package||25kg PP bag|
|Fob Dalian||Usd 1340/mt|
|Delivery||20 days after the contract|
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