News & Updates

Organic Red Kidney Bean: Prices Seem Stable

by | Apr 11, 2022 | Beans, Pulses

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DALIAN: Recently, inquiries from Europe have increased, and the price of organic British red has been stable. Export orders are mainly sent to Italy, the UK, the Netherlands, the Czech Republic, France and Germany. The export volume is decreasing year by year. Orders in the export market lack continuity, and exporters’ replenishment is not active. 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 ranged from $1.610 to $1.640 a tonne this week. 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 1610-1640/mt
Delivery 20days after contract

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