Downturn in Chinese Organic Adzuki Beans Market

DALIAN: It is expected that it is difficult for the organic adzuki bean market to boost next week. The price will stabilize and fall. The demand is flat, the adzuki beans in the domestic wholesale market are slow to sell. Traders are cautious in replenishment. The farmers in the production area are still willing to sell at high prices. Some grain merchants offer quotations for shipment. However, considering that some grain merchants also purchased low-priced inventories in the early stage, making shipments at a profit may lead to a decline in market transaction prices, and European and American buyers have reported that the import cost is too high. It is expected that the transaction of high-priced red adzuki beans will still be difficult next week.

Current Market Price in China for Organic Adzuki Bean