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Chinese Adzuki Beans: Are the Prices Increasing?

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DALIAN: The price of red adzuki beans in the domestic wholesale market generally rose this month. According to Zhuo Chuang Information, the inventory of red beans in the domestic wholesale market is not large, and traders maintain replenishment mode on demand. However, the price of production areas rose rapidly in the second half of the year, and some traders have a conflicted attitude, and their purchases have declined actively. Although there are not many high-priced red beans flowing into the sales area, traders consider the increase in the cost of arrival in the later period, and the shipping price generally follows the production area. As prices rose to high levels in the second half of the year, traders in some markets said that the transaction speed slowed down.

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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 Usd2260-2300/mt
Delivery 25  days after signing the contract