DALIAN: According to the feedback from the exporters, the traders of organic red adzuki bean will replenish as needed after the festival, and the export market is stable. Due to the public demand in the domestic market, this round of replenishment is expected to be phased, and attention should be paid to the downstream replenishment time of this round.
Grain merchants in the producing areas have different attitudes about shipments. Some traders sell stocks at a stable price, and some are reluctant to sell at low prices. Due to the limited amount of replenishment just needed in the downstream at this stage, if there is no other positive, the price increase of organic red bean in this round may be limited.
Current Market Price in China for Organic Adzuki Bean
Product Name | Organic adzuki bean |
Type | Small |
Moisture | 16% max |
Package | 25 kg PP bag |
Purity | 99.5% |
Loading | 22mt /20GP |
Fob Dalian | Usd 2430-2460/mt |
Delivery | 20 days after the contract |