Red Soybean Market Shows Stability Amid Sufficient Supply in Dalian

Organic Adzuki Beans: Insufficient Drive in Exports

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DALIAN: This week, the grain merchants in the producing areas have different attitudes on shipments, and there are still differences in the quotations. Some grain merchants are actively clearing their warehouses due to insufficient stock, and their quotations for shipments are low. Traders in the domestic market need to replenish the goods. With the recent decline in the cost of arrival, the quotation for shipments has also fallen. When there is a need for replenishment, merchants should choose low-cost and high-quality sources when buying goods. There is no obvious improvement in demand for the time being. Recently, low-end quotations in production areas have appeared, traders are cautious about replenishment. Due to the fact that there are still some low-priced sources of goods in the current stage of circulation, the price of organic red beans in the short term may hardly be boosted. At present, the number of grain merchants in the production area has gradually increased. With the continuous digestion of bulk grains, the phenomenon of slightly disordered quotations in the later period may decrease.

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 2.430-2.470/mt
Delivery 20  days after the contract