Chinese Adzuki Beans: Prices Are Falling

Adzuki Beans

DALIAN: New season red adzuki beans are being harvested in succession in the Northeast producing areas, and a small number of them are on the market. The mentality of farmers selling goods is divided, some do not sell at low prices but some prefer to sell. Prices are generally on a downward trend, and grain merchants are slow to deliver goods at low prices. However, considering that downstream inquiries are generally common, some are still reluctant to raise prices for purchases. In some domestic wholesale markets, a small amount of new season red beans arrived. Due to the low arrival price of new grains, the selling prices of old grains continued to fall and adjust.

Organic Adzuki Beans

DALIAN: The purchasing power of the terminal is average, and the traders in the sales area are mainly in an attitude of wait-and-see, and the replenishment mentality is cautious. There is no centralized replenishment market and no effective boost to the prices in the production area in the short term. Most grain merchants in the production area have small stocks, and the number of new grains on the market is gradually increasing. Pay attention to the grain merchants’ replenishment plan. If the production area or sales area forms a centralized buying market, the price can rebound in stages. Otherwise, there is still a risk of a slight decline in the price.

Current Market Price in China for Adzuki Beans