DALIAN: The domestic Chinese adzuki bean market demand is sluggish, and it is not enough to drive the downturn in the production area. Some grain merchants in the production area have recently turned their attention to the export market, but South Korea has not issued a new tender announcement yet. There is no noticeable improvement in demand for the time being, and it is challenging to boost the price of red beans in the short term. Due to the intention of a small number of grain merchants to clear the warehouse, there is still a small room for negotiation in the transaction. Pay attention to the mentality of farmers, grain sellers, and grain sellers this month and whether Southeast Asian sources of goods can arrive in port.
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 | Usd2340-2370/mt |
| Delivery | 25 days after signing the contract |