Dried beans: low demand puts pressure on prices

November 1, 2022 at 3:20 PM , Der AUDITOR
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BEIJING. Although the new crops have now arrived on the markets, there is hardly any buying interest, so prices are declining. Overall, there is little positive to report here at the moment.

Hardly any demand for black kidney beans

Market players have little positive to report from the Chinese black kidney bean market at the moment. The new season is getting off to a slow start and companies are only buying what they need instead of filling their stocks. Production has been smaller than last year, but prices are still falling as demand is almost non-existent. This is true for both commodity and export prices. Small black kidney beans, 99.95% purity are currently at USD 1,230/mt FOB Dalian.

Red kidney beans cheaper again

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