Chinese Adzuki Beans: Forecast Price Stability for the Festival Season

Organic Adzuki Beans: Chinese Adzuki Beans are Slow in Export Market The export market of organic red beans has not improved significantly

Mintec Global
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DALIAN: This week, organic red adzuki beans in the export market are slow, and orders are decreasing. Exporters’ quotations are mainly stable. According to research by Zhuo Chuang Information, the export market of organic red beans has not improved significantly, and a small number of products have improved slightly. However, exporters mainly destock, and a small amount of just needed replenishment has the limited drive to the downturn in the production area.

Due to the shortened market trading hours before the Spring Festival, if demand is not boosted, some traders will plan to replenish goods after the Spring Festival according to the market situation.

Current Market Price in China for organic adzuki bean

Product NameOrganic Adzuki Bean
TypeSmall
Moisture16 % max
Package25 kg PP bag
Purity99.5%
Loading22 mt /20 GP
Fob DalianUsd 2420-2460/mt
Delivery20  days after the contract