Dried beans: different price trends

June 5, 2024 at 12:48 PM , Der AUDITOR
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BEIJING. While prices for red kidney beans have skyrocketed in China, the situation is different for black kidney beans. Demand is slowly picking up on the mung bean market.

Black kidney beans

The market for Chinese black kidney beans remains sluggish with low demand from buyers, which is causing prices to fall further. Nevertheless, the acreage in north-east China has been expanded, which is putting additional pressure on prices. They are only receiving a little support from the fact that there is hardly any old crop produce available on the markets. Conventional black kidney beans, small, 99.95% purity currently cost USD 1,240/mt FOB Dalian and are therefore USD 10/mt below last month's price. Due to the current situation, market expe

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