Chinese Adzuki Beans: Forecast Price Stability for the Festival Season

Chinese Adzuki beans: The weather affects the purchase of raw materials

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DALIAN: The sales of adzuki beans were slow this month, traders were less motivated to replenish goods, and the price trend of adzuki beans in the producing areas was weak. As the current demand has not been significantly boosted, the grain merchants in the production areas have been cautious in purchasing, some have stopped harvesting, and some have been purchased at low prices. Farmers have limited willingness to sell goods at low prices, and the phenomenon of cold weather food vendors going to the countryside to collect food has decreased.

Before the Spring Festival in previous years, the market will gradually improve. Pay attention to the actual situation of the traders in the first half of January.

Mintec Global

Current Market Price in China for adzuki beans

Product Name Chinese adzuki beans
Size 5.0mm up
Purity 99.95%
Moisture 14.5% max
Package 25kg paper bag
FOB Dalian Usd2370-2410/mt
Delivery 25  days after signed contract