News & Updates

Organic Large White Kidney Bean: Is the Market Decline Continuing?

by | Apr 15, 2022 | Beans, Pulses

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YUNNAN: Exporters in the producing area reported that organic large white kidney bean prices fell due to the market downturn. The main export market is the European market, and the market price is not acceptable for customers. They are mainly based on scattered orders. Replenishment by producers and exporters has decreased. The good news is that ocean freight rates are now falling further, which is good for export markets.

The purchase price of organic raw grains fell to $1.900/ton, 45 grains/100g. As summer approaches, manufacturers dare not stock up to avoid backlogs. At present, exporters’ quotations have begun to decline, and export orders have decreased significantly compared with the same period last year. The current standard export price is US$2.400-2.430/ton, FOB Tianjin. Continue to monitor market price changes.

Price in China for Organic Large White Kidney Bean

Product  Name Organic large white kidney bean
Size 45pcs/100g
Fob Dalian Usd 2410-2450/mt
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Moisture 16% max
Delivery 20 days after the contract

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