News

Richard Dalian

May 3, 2024

Dalian Dark Red Beans Market Update: Stability in Export Canned Standard Shipment Prices

Dalian Dark Red Beans Market Update: Stability in Export Canned Standard Shipment Prices

Recent observations from Dalian's market reveal a stable reference price range for export canned standard shipments, maintaining resilience amidst evolving supply dynamics.

Market Dynamics

The production area remains notably scarce, contributing to ongoing inventory digestion in the market. Elevated prices persist for British red kidney beans, reflecting limited availability and resistance to price declines. While downstream traders in sales areas adopt a mixed approach of cautious observation and demand-based purchasing, overall domestic market demand remains modest, with planting requirements serving as a key supportive factor.

Residual Grain Scarcity and Price Dynamics

Currently, the overall residual grain situation for British red kidney beans remains scarce, with certain regions witnessing price stability despite market pressures.

The Dalian market's resilience amidst supply constraints underscores the importance of supply-demand dynamics and regional factors in shaping price movements. As stakeholders navigate through these intricacies, vigilance and adaptability remain essential for informed decision-making in the grain market landscape.

Current Market Price in China for Dark Red Kidney Beans

Product  Name Dark Red Kidney Bean
TypeShanxi type
size190-210pcs/100g
Moisture16% max
Package25kg paper bag
Purity99.5%
Loading22mt /20GP
Conv. Fob DalianUSD 2330-2360/mt - EURO 2176-2204/mt
Org.  Fob DalianUSD 2400-2430/mt - EURO 2241-2269/mt
Delivery20 Days after the contract
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