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DALIAN: China’s organic British red kidney beans are already on the market, and traders are beginning to sell them. The export price is higher than market expectations. The standard export quotation is currently FOB TIANJIN or Dalian 1580-1630 US dollars per ton, and the quality is good.

Some importers have begun to place orders, and the direct inquiries are mainly from the United States, the Netherlands, Germany, the United Kingdom, the Czech Republic, Belgium, and Italy. However, some importers expect the price to reach 1,500 US dollars per ton because the ocean freight dramatically increases imports. In the absence of an improvement in the export market, traders purchase cautiously and purchase on-demand. Please continue to pay attention to price changes in the production area.

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 Usd 1700/mt
Delivery 20days after contract

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