Chinese Organic Adzuki Beans: Insufficient Grain Surplus in Production Areas Supports Prices

DALIAN: The organic red bean grass-roots surplus in the production area is less than 20%. Some grain vendors and grain merchants have quantitative stocks, and the supply of goods in the first week after the Spring Festival is relatively loose. The red bean inventory in the domestic wholesale market is not large, and traders with the low stock still need to replenish after the Spring Festival. After the Spring Festival holiday, some farmers and grain sellers in the production area may intend to ship goods and pay attention to their willingness to sell goods at low prices. The purchase mentality of grain merchants is expected to be cautious, and the early inventory quotations are mainly stalemate. Wholesale market traders replenish goods on demand and are more inclined to purchase cost-effective sources.

Current Market Price in China for Organic Adzuki Bean