News & Updates

Red kidney beans: the market is firm

by | Sep 6, 2021 | Beans, Pulses

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DALIAN: According to market reports, the purchase price of dark red kidney beans new crop in Zhangjiakou, Hebei Province, was US$1.40/kg. A small number of new grains in the local and surrounding production areas are on the market, and merchants have selected high-quality sources to purchase, and the daily supply is limited. The harvest of the new season of British red kidney beans in Altay, Xinjiang, is nearing completion, and the British red will be listed successively.

Individual traders reported that the purchase price was US$1.37/kg, and the gross output was 85%-87%, and the price remained strong. Compared with the price of the same period last year, there is little change. The British red from Shanxi, the main producing area, has not yet been listed, but traders predict that the price will be higher than the British red from Xinjiang and Hebei. Exporters are waiting for the listing of Shanxi British Red and continue to pay attention to the listing of new grains in the producing areas. This week’s quotation is mainly based on Chen Liang.

Current Market Price in China for dark red kidney beans

Product Name Dark 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 1650/mt
Delivery 20  days after the contract

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