Price: €11.00
Member Price: €0.00

Dried beans: lower production in China

November 1, 2023 at 10:55 AM , Der AUDITOR
Play report as audio

BEIJING. China's 2023/2024 adzuki bean crop may be smaller than last year, yet carry-in supplies should compensate for shortfalls. A similar situation persists for black kidney beans. The prices for red kidney beans are still on the rise.

Decline in sowing for black kidney beans

Black kidney bean quotations rose a bit in China last week, mainly driven by the global decline in planting. Demand is by no means elevated and buyers are cautious not to risk losses. Some still have sufficient warehouse supplies to meet contracts. Apart from the anticpated supply squeeze there is little support in the market and prices are expected to go down in the short run. Black kidney beans with a 95% purity are trading at USD 1,070/mt FOB Dalian.

Red kindney bean price rally continues

A

View related articles

Go to the News Overview
Dried Fruit
May 8, 2025
CAIRO/TEHRAN. With a market share of 40%, Egypt is the most important supplier of dates to Vietnam. But the competition is fierce. In addition to the familiar competitors, new opponents have entered the market this season. The EU has increased its date imports from Egypt by almost 20% this year.
Fruit and Vegetables
May 6, 2025
ANKARA. As official statistics show cereal production witnessed sharpd downturns in Turkey in 2024. For pulses the story is, however, different. Green lentil production gained sharply and chickpea production was stable.
Pulses
May 5, 2025
NEW DELHI/OTTAWA. After the price declines of recent weeks, the Indian chickpea market should now see some stability. Selling pressure is easing while demand is picking up.
Fruit and Vegetables
Apr 30, 2025
BEIJING. There is a shortage of goods on the Chinese bean markets, as both growers and traders only have small stocks left. Spring sowing is imminent and is likely to influence the price trend.