Chinese Adzuki Beans: Domestic and Foreign Markets Are Weak

DALIAN: Recently, the sales of domestic red adzuki beans have been slow, and traders have maintained small orders around the area. Due to the slow inventory digestion, most traders have no plans for replenishment. Because of rigid demands, a small number of traders choose more cost-effective red beans or distribution trucks when purchasing. The South Korean market mainly dominates the export market. Market participants predict that if there is no boost in demand, the short-term market transaction volume will hardly increase significantly, and prices will run weakly and steadily.

Current Market Price in China for Adzuki Beans