Chinese Adzuki Beans: Sudden Rise in Market Price

DALIAN: In May, the price of red adzuki beans in the main producing areas maintained an upward trend, and the quotations of traders in the selling areas followed up. The demand for high-priced red adzuki beans is general, and downstream traders are cautious about replenishment. Although the domestic trade demand is insufficient, there is little surplus grain at the grassroots level, and grain merchants are reluctant to sell the spot inventory at a low price, which may support the quotation of red beans in the short term. The new season of red adzuki beans in Northeast China has been sown one after another, and attention has been paid to the emergence and actual area changes.

Current Market Price in China for Adzuki Beans