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Dried beans: old crop largely sold off

July 31, 2024 at 3:32 PM , Der AUDITOR
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BEIJING. Chinese growers and traders have hardly any beans from the old crop left in their warehouses. This is supporting prices on some markets, including mung beans. Red kidney beans, meanwhile, have become a little cheaper.

Black kidney beans

Growers in the north-eastern growing regions have once again indicated that they will increase the area under black kidney beans. They also report certain difficulties with loading, which can lead to delivery problems in addition to the increased freight costs. Overall, the produce from the old crop has now largely been sold off, but weak demand is preventing price increases. Instead, prices are holding at the same level as last week and market experts reckon that this will also be the case in the near future. Conventional black kidney beans, smal

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