The recent rainy weather in China's key production areas is causing delays in the pulse harvest, with quality concerns slowing down export activities. Exporters are adopting a wait-and-see approach, refraining from offering prices until after the upcoming October 1st holiday. Here’s the latest update on the pulse market and its impact on global trade.

Slow Harvest Progress Amid Rainy Conditions:

Rainy weather has significantly affected the pulse harvest in China, resulting in slow progress and concerns over crop quality. As a result, exporters are holding off on price offerings as they wait for a clearer picture of the harvest’s quality. The listing of new pulses, initially expected earlier, may now be delayed until around October 10th, further adding to the uncertainty in the market.

Price Instability and Exporter Uncertainty:

Exporters are facing challenges in predicting prices, with instability in the market making it difficult to provide accurate price estimates. European importers, particularly canneries, as well as Chinese traders, are closely monitoring the situation. The upcoming harvest and its quality will likely set the tone for pricing, but for now, the market remains unpredictable.

Export Activities to Resume After October 1st:

It is expected that Chinese exporters will start offering prices after the October 1st holiday once the quality of the harvest has been assessed. Until then, both exporters and importers are adopting a cautious approach, waiting for more concrete information about the new crop’s quality and availability.

China’s pulse market is in a state of flux, with the recent rains causing delays and quality concerns that are complicating the harvest. Exporters and importers alike are waiting for the dust to settle, with pricing likely to resume in early October. The pulse market remains unstable, and all eyes are on how the weather will continue to affect the harvest and export dynamics.

Current Market Price in China for Dark Red Kidney Beans





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