Chinese Adzuki Beans: Forecast Price Stability for the Festival Season

Organic Adzuki Beans: Why Have Prices Gone Up?

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DALIAN: This week, the price of organic red adzuki beans in the production area has been stable and rising, and grain merchants have been slow to add goods at low prices. Due to limited logistics and transportation, grain merchants are in a dilemma in some production areas in the Northeast. Grain merchants in unrestricted areas sell goods on demand, and they are reluctant to sell stocks at low prices. The sales of organic red adzuki beans in the domestic market were sluggish, and traders replenished as needed. Due to the increase in delivery costs, some traders raised their selling prices. At present, some grain merchants in the production area are still holding a price attitude, supporting the price of organic red beans in the short term and paying attention to the recent recovery of logistics and transportation.

Mintec Global

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 2320-2350/mt
Delivery 20 days after the contract