DALIAN: The new season of red bean planting in the production area has ended, and some producers who hold the stock have increased their willingness to ship recently. However, due to the general inquiries and purchases in the downstream, exporters made a small profit in order to attract orders. The demand has not improved for the time being. The quotations of some grain merchants in the production areas have been lowered recently. Downstream traders have become more cautious in replenishment, and the actual transaction in the export market is average. If there is no boost in demand, the short-term market transaction volume will hardly increase significantly, and the price will operate weakly and steadily.
Current Market Price in China for Organic Adzuki Bean
Product Name | Organic adzuki bean |
Type | Small |
Moisture | 16% max |
Package | 25kg PP bag |
Purity | 99.5% |
Loading | 22mt /20GP |
Fob Dalian | Usd 2450-2490/mt |
Delivery | 20 days after the contract |