DALIAN: Domestic adzuki bean market traders’ spot inventory is not much. Merchants are more to adjust the sales price according to the cost of arrival. Due to the slow inventory digestion, traders have limited enthusiasm for replenishment, and low-inventory merchants choose more cost-effective goods when purchasing, which does not boost the market in producing areas. If farmers are reluctant to sell at low prices, grain merchants’ short-term acquisition costs are difficult to reduce, or temporarily support the red bean shipment price.
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 | Usd1700-1730/mt |
| Delivery | 25 days after signing the contract |