Pulses

Dried beans: traders need to stock up

February 1, 2023 at 12:58 PM, Der AUDITOR
Play report as audio

BEIJING. After the good sales in the course of the Chinese New Year, traders in the bean markets are now forced to replenish the stocks in their warehouses. This should support prices in most cases.

Black kidney beans significantly cheaper

After the continuous price increases of the last few months, the market for black kidney beans has now seen significant declines of USD 90/mt compared to December 2022. Many buyers were no longer willing to pay the high prices. In addition, there were logistical problems for a longer period of time due to China's zero-covid policy, which has since been lifted. This has meant that not all suppliers received their goods in time for the Chinese New Year. Growers report that hardly any orders are being received at present. Small

View related articles

Go to the News Overview
Pulses
Mar 20, 2023
NEW DELHI/OTTAWA. With arrivals picking up in India the prices for chickpeas have declined sharply. Sowing is up in Canada.
Pulses
Mar 13, 2023
NEW DELHI/OTTAWA. Although arrivals are picking up in India, limited supplies are preventing sharp price declines for chickpeas. Prospects for the new crop are highly encouraging.
Dried Fruit
Mar 9, 2023
TEHRAN. Exchange rate fluctuations have enabled Iran’s date exporters to offer competitive prices this season. Exports for 2022 are, however, roughly on par with 2021.
Pulses
Mar 6, 2023
NEW DELHI/OTTAWA. With arrivals picking up in India the market has come under pressure. Exports are up in Canada.