Bean Field

Chinese Adzuki Beans: Price Stalemate

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DALIAN: Yesterday, South Korea announced a tender for 2,500 tons of red adzuki beans, which is good for exports. The red bean in the production area is concentrated in the middle link. Today, some grain merchants have a wait-and-see attitude, and their willingness to ship at low prices has weakened; some grain merchants continue to clear warehouses due to limited inventory. The red bean in the domestic wholesale market is slow to sell, and traders are still not very motivated to replenish.

Mintec Global

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