Dried beans: low demand in summer

August 2, 2023 at 12:53 PM , Der AUDITOR
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BEIJING. In the summer months, buying interest in the Chinese pulse market usually wanes, and beans are no exception this year. There are also reports from the growing regions of difficulties in loading the goods.

Stable market for black kidney beans

Black kidney bean prices tend to remain relatively stable throughout the summer and this year is no exception. Compared to the previous month, prices have dropped by a moderate USD 10/mt and are currently at USD 1,220/mt FOB Dalian for small black kidney beans, 99.95% purity. Local market players report some loading problems in the growing areas, but overall demand is rather weak and traders are buying only what is necessary to fulfil their current contracts. The price development now depends to a large extent on how the plants o

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