DALIAN: The purchasing power of the terminal is average, and the red bean in the domestic wholesale market has not improved yet. The price of red bean is high this year, and traders are cautious in replenishing goods. The supply of goods in the production area is concentrated in the intermediate links, and the mentality of grain merchants is one of the main factors affecting price changes. As of now, the results of the South Korean bidding have not been announced, and some grain merchants still have a wait-and-see attitude. It is recommended to focus on it. The price of the winning bid will affect the domestic market price.
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 | Usd2380-2420/mt |
| Delivery | 25 days after signed contract |