Red Soybean Market Shows Stability Amid Sufficient Supply in Dalian

Are Chinese Adzuki Beans on the Decline in the Winter Market?

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Market participants in Dalian, China, gave feedback to traders in the production zone during part of the holiday period. The feedback was as follows. Old customers in the area quickly received some of their orders. The supply of red kidney beans in the production area decreased after old customers took their orders.
With the onset of winter, orders for organic red kidney beans decreased. Some purchases have been made on demand and red kidney bean prices have remained stable. Traders expect to start buying after the Spring Festival.

Mintec Global

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

Organic   FOB Dalian

Usd 1710-1740

Delivery

25 days after signed contract

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