Red Soybean Market Shows Stability Amid Sufficient Supply in Dalian

Organic Adzuki Beans: Lack of Demand

Mintec Global
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DALIAN: There is no obvious improvement in domestic demand, and short-term downstream supply is mainly on-demand, and it is difficult to export high-priced red beans. Due to the lack of improvement in demand, some grain merchants in the production area intend to ship again. But it is difficult to boost the price of red beans in the short term. The recovery of downstream demand will affect the operation mentality of grain merchants. There is no new positive in exports, no obvious improvement in domestic demand, and there is a lack of motivation for short-term demand. Recently, the enthusiasm of grain merchants to ship goods is acceptable, and there are some low-priced supply sources in the market circulation, so the price of organic red beans is difficult to improve in the short term. Since grain merchants in some producing areas have reported a slight improvement in their sales, they are concerned about the actual changes in demand.

Current Market Price in China for Organic Adzuki Bean

Product  NameOrganic adzuki bean
Typesmall
Moisture16% max
Package25kg PP bag
Purity99.5%
Loading22mt /20GP
Fob DalianUsd 2430-2470/mt
Delivery20  days after the contract

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