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Organic Red Kidney Bean: Export Market’s Price Is Increasing

by | May 9, 2022 | Beans, Pulses

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DALIAN: Market participants reported higher market prices due to fewer organic raw materials. However, the actual transaction volume is very small due to price and other reasons. In terms of export orders, shipments to Italy, the United Kingdom, the Netherlands, the Czech Republic, France and Germany decreased significantly. And the export volume is decreasing year by year. Orders in the export market lack continuity and traders are not active in replenishment. The domestic market has a backlog of imported British red stocks, which imported products have severely impacted. The US market is not as good as the European market, and purchases have dropped significantly. Of course, this is related to the epidemic, and high shipping costs hinder exports. Standard export prices for organic red kidney beans in the UK this week range from $1.640 to $1.670 a tonne. Continue to monitor 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 1640-1670/mt
Delivery 20days after contract

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