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Organic red kidney bean: European purchases are decreasing, and exports are difficult

by | Dec 8, 2021 | Beans, Pulses

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DALIAN: According to market research feedback, due to the global economic downturn and poor export environment, the number of exporters of organic red beans has decreased by more than 50%, and the exporters are relatively concentrated, and they are more eager to specialize. The export market for organic products is better than conventional products. But profits are reduced.

The European market, especially the Italian market, has significantly reduced purchases. Of course, it is related to the epidemic, and the excessively high shipping costs hinder exports. This week’s standard export price of British organic red kidney beans is $1.630-1.670 per ton. Importers are very concerned about changes in market prices.

The current market price in China is below

Product  Name Organic red kidney bean
Type Shanxi type
size 190-210pcs/100g
Moisture 16% max
Package 25kg paper bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian/Tianjin Usd 1630-1670/mt
Delivery 20days after contract

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