Pulses

Dried beans: new crop arrives

September 21, 2022 at 11:33 AM , Der AUDITOR
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BEIJING. While the prices for red kidney beans have risen, the opposite is the case for black kidney and adzuki beans. Harvesting is in full swing in China and the new crop is arriving in the market.

Black kidney beans sold out

Farmers in China have successfully sold nearly all their supplies of black kidney beans. Although only a few traders still hold supplies, low demand is weighing on the market. Processors are also only buying small volumes to meet contracts. Although reports state that the beans are developing well in northeastern China, low temperatures are delaying ripening and harvesting may have to start a few days later in some places. The prices for small black kidney beans with a 99.95% purity range at USD 1,250/mt FOB Dalian.

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