News

Richard Dalian

May 9, 2024

Shortage in Northeast China Sparks Surge in Black Kidney Bean Prices

Shortage in Northeast China Sparks Surge in Black Kidney Bean Prices

Supply Constraints Lead to Price Hikes

In Northeast China, tight supplies of black kidney beans have prompted grain merchants to struggle with stocking. Consequently, merchants are selling the beans at elevated prices, with low-price offerings scarce and procurement limited to meet demand.

Outlook for Northeast Black Bean Planting

As planting of black kidney beans commences in Northeast China, Zhuochuang information anticipates a brief period of constrained supply. Limited residual grain at grassroots levels is bolstering support prices, ensuring smooth price movements. Attention is focused on the actual sowing area of late black beans to gauge future market dynamics.

Stay Informed: Current Market Prices

Stay informed about the current market prices in China for black kidney beans to make well-informed decisions in this dynamic market landscape.
Product  Name Chinese Black Kidney Bean
TypeSmall
Moisture16% max
Package25kg PP bag
Purity99.5%
Loading22mt /20GP
Conv. Fob DalianUSD 1260-1290/mt - EURO 1168-1196/mt
Org.  Fob DalianUSD 1330-1360/mt - EURO 1233-1261/mt
Delivery20 days after the contract
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