Chinese Adzuki Beans: Forecast Price Stability for the Festival Season

Chinese Adzuki Beans: Forecast Price Stability for the Festival Season

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In the main producing areas of Dalian, there is currently an ample supply of red small beans, with farmers reporting an average surplus of about 37 percent. However, as the year draws to a close and traders begin to take holidays, the supply is expected to tighten. Traders in sales areas are also gradually entering holiday mode. Inventories in producing areas range from tens to hundreds, and even a few thousand tonnes, with inventory costs providing support for the price of red small beans. As we approach the end of the lunar month, traders in production and marketing areas are taking holidays one after another, resulting in minimal fluctuations in reference offers. Overall, the market anticipates stable prices for red small beans today.

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

Mintec Global

EURO 1511-1530/MT

Organic   FOB Dalian USD 1710-1740/MT

EURO 1586-1614/MT

Delivery 25 days after signing contract

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