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
EURO 1511-1530/MT |
Organic FOB Dalian | USD 1710-1740/MT
EURO 1586-1614/MT |
Delivery | 25 days after signing contract |