Adzuki Beans
DALIAN: This week, red bean sales were in a stalemate, and traders’ inventory was slow to digest. The price of red beans in producing areas was weak and traders were cautious in replenishment. There is a phenomenon of consignment sales in the market in the sales area. The downstream just needs to replenish the limited amount of goods. The grain merchants in the production area have poor inventory. Due to different shipping mentalities, the short-term quotation range is still too large. The downstream priority is to buy low-priced raw grains, and short-term high-priced grains are difficult to trade.
Organic Adzuki Beans
DALIAN: According to market reports, adzuki beans in the production area are concentrated in the middle link, and exporters have different quotations due to different inventory and mentality. Some grain merchants still maintain a downward trend in quotations due to their intention to clear their warehouses. There is still no obvious improvement in the market stock, traders mainly digest inventory, and their enthusiasm for replenishment is limited.
Current Market Price in China for Adzuki Beans
| Product Name | Adzuki Beans | Organic Adzuki Beans |
| Size | 5.0mm up | 5.0mm up |
| Purity | 99.95% | 99.5% |
| Moisture | 14.5% max | 16% max |
| Package | 25kg paper bag | 25kg PP bag |
| FOB Dalian | Usd2320-2360/mt | Usd 2390-2430/mt |
| Delivery | 25 days after the contract | 20 days after the contract |