Sufficient Supply in Producing Areas
In Dalian, the producing areas of red soybeans report relatively sufficient supply levels. Farmers in the main producing regions indicate an average residual grain of about 23%. Despite this, there is notable enthusiasm among farmers for selling their grain, albeit with a psychology of accepting lower prices.
Market Stockpile Dynamics
The market currently faces temporary scarcity in stockpiles, with inventory digestion being the primary focus. Year-on-year, inventories show a decrease, indicating a trend towards reduced stock levels.
Export Demand and Market Sales
Export demand for red small beans has experienced a reduction, leading to slow market sales. Farmers in the production areas are not aggressively stocking up on grains due to market conditions.
Price Expectations
In the short term, the price of red beans is anticipated to remain stable, reflecting the current balance in supply and demand dynamics.
Current Market Price in China for adzuki beans
Product Name |
Chinese adzuki beans |
| Size | 5.0mm up |
| Purity | 99.95% |
| Moisture | 14.5% max |
| Package | 25kg paper bag |
| Conventional FOB Dalian | USD 1630-1660/mt – EURO 1511-1539/mt |
| Organic FOB Dalian | USD 1700-1730/mt – EURO 1576-1604/mt |
| Delivery | 25 days after signed contract |