Pulses

Dried beans: dull markets due to Chinese New Year

January 17, 2022 11:55 AM, Der AUDITOR
Play report as audio

BEIJING. Chinese market players report sluggish sales and little movement on the markets; the focus is already on the period after the Chinese New Year, which is celebrated from 1 February.

Black kidney bean sales are sluggish

Chinese traders report that black kidney bean sales continue to be slow. Prices for small black kidney beans, 99.95% purity are at USD 1,320/mt FOB Dalian; organic goods are trading at USD 1,370/mt FOB. This means that prices for conventional goods have climbed by another USD 20/mt compared to December, while prices for organic beans remain stable. Supply is limited, but demand is also low and traders are reducing their stocks for the time being. In addition, transport problems are causing export enquiries to fall further. A

View related articles

Go to the News Overview
Dried Fruit
Sep 27, 2022
AHVAZ. Disaster struck in Iran’s Khuzestan Province last year as only 12% of the Estamaran dates produced here could be exported marking a 50% slump in shipments. With harvesting in full swing suppliers are confident that things will improve this year.
Pulses
Sep 26, 2022
NEW DELHI/OTTAWA. Due to the government's decision to sell their goods at lower prices for social projects, Indian traders' confidence has suffered greatly. Meanwhile, prices have risen slightly again.
Fruit and Vegetables
Sep 21, 2022
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.
Pulses
Sep 19, 2022
NEW DELHI/OTTAWA. Government intervention in the Indian market has caused temporary irritation. Meanwhile, lower yields are expected in Canada and Mexico, which should support prices.