Dried beans: acreage in China is shrinking

June 13, 2022 at 12:48 PM , Der AUDITOR
Play report as audio

BEIJING. For both red kidney beans and mung beans, Chinese market players expect smaller acreages this year. This is already having an impact on prices.

Slight price increases for black kidney beans

Compared to last month, black kidney bean prices stabilised and even increased slightly. According to market players, this is mainly because supply is more limited than the average of the last few years and it will take a while before the new crop arrives on the markets. While traders need to stock up to meet contracts, overall demand is rather weak, so there should be little, if any, price increases for the time being. Conventional black kidney beans from China currently cost USD 1,320/mt FOB Dalian, while organic goods

View related articles

Go to the News Overview
Dried Fruit
Nov 19, 2024
BRUSSELS/TEHRAN. EU imports highlight the fact that demand is on the rise for dates. Prices have surged in Iran.
Pulses
Nov 18, 2024
NEW DELHI/OTTAWA. As expected, prices on the Indian chickpea market are on a downward spiral, mainly due to high stocks. In Canada, the situation is slightly better for sellers.
Fruit and Vegetables
Oct 30, 2024
BEIJING. While black kidney beans are in high demand, the markets for red kidney beans and mung beans are in a different state. Farmers are also complaining about yield and quality losses due to persistent rainfall.
Pulses
Oct 28, 2024
NEW DELHI/OTTAWA. The decline in demand is not yet reflected in Indian export prices, but this could soon change. Canadian suppliers are also hoping for greater buying interest.