DALIAN: There is frequent rainfall in the south, and the purchase and sales of organic red beans in the market are limited. After the Dragon Boat Festival in the north, some traders also reported that the delivery speed had slowed. Only 1,000 tons of red adzuki beans were tendered in South Korea. Because the tender volume was less than the previous two times, it was not enough to drive the market in the production area. The new season of red bean planting in the Northeast production area is ending. Recently, some grain merchants intend to clear their warehouses. Due to the lack of improvement in demand, some transactions can be negotiated. The market transaction price may be slightly lowered, and the export market demand will decrease.
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 2450-2490/mt |
| Delivery | 20 days after the contract |