DALIAN: The temperature in the northeast production area is low in winter. The phenomenon of grain dealers going to the countryside to collect grain will increase. There are still some stocks in the intermediate links, and the supply of downstream stocks are loose before the holiday. At this stage, the domestic wholesale market of red adzuki beans is in general, and we will pay attention to the changes in the demand for red adzuki beans next week.
Some farmers and food vendors in the producing areas recently intend to ship goods, but the enthusiasm of the food vendors to purchase is not high. Due to poor demand, some grain merchants have purchased low-priced inventories in the early stage and indicated that they could make shipments at a small profit. Due to the recent weakness in the market for miscellaneous grains such as mung bean and millet, traders in the wholesale market are cautious in replenishing goods, and most of them are replenishing as needed to avoid the risk of falling prices.
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 |