DALIAN: High-priced red adzuki beans are generally sold out in the domestic wholesale market. Traders in the wholesale market are generally less motivated to replenish, which is not conducive to the export of high-priced red adzuki beans in production areas. Grain merchants in the production area are slow to deliver goods, and there is an equivalent wait-and-see mentality for those in stock, and there are few low-priced red adzuki beans in the market circulation. There is little surplus grain at the grassroots level in the red bean production area, and many grain merchants say it is difficult to load the goods. Although some traders in the sales area have a low willingness to replenish, the grain merchants in the production area consider that the overall inventory of the market is limited. Pay attention to the recent high-priced downstream purchasing power.
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 | Usd2330-2370/mt |
Delivery | 25 days after signing the contract |