News

Richard Dalian

Sep 17, 2024

British Red Bean Market: Harvest and Pre-Sales Begin

British Red Bean Market: Harvest and Pre-Sales Begin

Dalian – The 2024 new season British red beans in China are being harvested according to feedback from market participants. Exporters have started pre-sales, and some have already begun signing orders, with loading dates expected around mid-October.

Market Outlook and Price Trends

If market turnover continues to increase, there is potential for prices to rise in October. However, as of now, the number of export orders remains relatively low, and prices have stayed stable. The current moisture level is at 15%, and procurement is being handled mainly based on specific orders.

Monitoring Late Market Changes

As the market develops, exporters and traders are advised to keep a close eye on any changes. The situation may evolve as more orders come in and the harvest progresses.

Current Market Price in China for dark red. kidney beans

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Product  Name Dark Red Kidney Bean
TypeShanxi type
size190-210pcs/100g
Moisture16% max
Package25kg paper bag
Purity99.5%
Loading22mt /20GP
Conv. Fob DalianUSD 1800-1840/mt - EURO 1617-1653/mt
Org.  Fob DalianUSD 1850-1880/mt - EURO 1662-1689/mt
Delivery20 Days after the contract
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