DALIAN: The progress of grain sales at the grassroots level in the production area is slower than last year, but at present, the farmers who hold the goods are not very willing to sell goods at low prices. Due to the increase in cost, the delivery price of red beans in some production areas followed up last week, and some downstream traders still resisted receiving goods at high prices. Some grain merchants in some production areas reported that the transaction at high prices was slow, prices stopped rising at the beginning of this week.
Current Market Price in China for Adzuki Beans
Product Name | Chinese Adzuki Beans |
Size | 5.0 mm up |
Purity | 99.95% |
Moisture | 14.5% max |
Package | 25 kg paper bag |
FOB Dalian | Usd 2340-2390/mt |
Delivery | 25 days after signing the contract |