DALIAN: The price of red adzuki beans this year is the highest in the past five years. The area of red adzuki beans in the new season has increased year on year.
After the new grains are listed, most trade entities believe that prices will fall. According to the research of Zhuo Chuang Information, most grain merchants are cautious after the listing of the new grain. Generally, they plan not to purchase too much early to avoid the risk of falling prices. Although most grain merchants believe that the price of the new grain will go down after the launch, some grain merchants believe that the winning price of the Korean standard new grain is lower than their expectations.
Current Market Price in China for adzuki beans
| Product Name | adzuki beans |
| Size | 5.0mm up |
| Purity | 99.95% |
| Moisture | 14.5% max |
| Package | 25kg paper bag |
| FOB Dalian | Usd2400/mt |
| Delivery | 25 days after signed the contract |