DALIAN: According to market reports, the price of organic adzuki beans this year is the highest in the past five years. The area of organic adzuki beans in the new season has increased year on year, and most trade entities believe that prices will fall after the new grains are listed. According to the research of Zhuo Chuang Information, most grain merchants are cautious after the listing of the new grain. Generally, they plan not to purchase too much early to avoid the risk of falling prices.
Although most grain merchants believe that the price of the new grain will go down after the launch, some grain merchants believe that the winning price of the Korean standard new grain is lower than their expectations. Due to the lack of stocks of grain merchants in the production areas, grain merchants avoid the risk of falling prices after the listing of new grains. However, the current yield is undecided, the import aspect is unclear, and the market is still variable. Pay attention to various factors such as rain, frost, and domestic epidemic control in late September.
Current Market Price in China for organic adzuki bean
| Product Name | Organic adzuki bean |
| Type | small |
| Moisture | 16% max |
| Package | 25kg PP bag |
| Purity | 99.5% |
| Loading | 22mt /20GP |
| Fob Dalian | Usd 2295/mt |
| Delivery | 20 days after the contract |