Chinese Adzuki beans: The traders are waiting for the new grain to come into the market

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DALIANMarket participants reported that the remaining red adzuki beans in the production area are not large, and individual grain merchants hold the goods. Some grain merchants transferred goods from the surrounding areas to maintain those old customers just needed to take the goods, and the quotations have fallen from the previous period.

In the domestic wholesale market, red adzuki beans are generally available, and most traders have small stocks and wait for new grains to be marketed. A few exporters buy old grains on-demand or plan to replenish small amounts of new grains at the initial stage of the market. Concentrate on waiting for new grains to be launched.

Mintec Global

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 Usd2250/mt
Delivery 25 days after signed the contract