Dried beans: low demand in summer

August 2, 2023 at 12:53 PM , Der AUDITOR
Play report as audio

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

View related articles

Go to the News Overview
Sep 12, 2023
BRUSSELS/NEW DELHI. As plant-based diets are highly popular and demand for protein crops is increasing global demand is on the rise for chickpeas. This certainly holds true for the EU, where imports have surged in 2023/2024.
Fruit and Vegetables
Sep 7, 2023
ANKARA. Turkish exports of pulses, oilseeds and cereals were more than 10% higher in the first seven months of the year compared to the same period last year. Nevertheless, there are still hurdles that market players are increasingly trying to overcome.
Fruit and Vegetables
Sep 6, 2023
BEIJING. Weak demand has caused prices for Chinese black kidney beans to decline significantly. The low buying interest is also still felt in the other bean markets.
Sep 4, 2023
NEW DELHI/OTTAWA. According to the latest data from StatsCan, the chickpea acreage in Canada is said to have increased, but at the same time yields are said to be surprisingly low; not all market players agree with that. In India, there have been slight price declines.