DALIAN: The price of red beans in the domestic wholesale market is running at a high level, and the demand has not improved for the time being. The inventory digestion cycle of some traders is prolonged. Considering factors such as capital occupation, the enthusiasm for replenishment is general. The grain surplus at the grassroots level in the production area is limited, and the daily purchase volume of grain merchants in many places is low. Since most grain merchants have little stock and generally wait and see the export situation at the end of the month, there is no willingness to sell goods at low prices.
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 |
FOB Dalian | Usd2370-2410/mt |
Delivery | 25 days after signing the contract |