DALIAN: Recently, the organic red bean is mainly sold by traders. The supply of goods in the production area is mostly concentrated in the middle link, and there are still differences in the shipping mentality of grain merchants. The new season of red adzuki beans in Northeast China has emerged well, but some production areas have been concerned about the recent rain. A small number of grain merchants with a large inventory in the production area are still purchasing. Some grain vendors and merchants ship on demand, and the supply of low-priced goods in the circulation link has decreased. Although there is no obvious improvement in demand, considering that the grain merchants have limited profit margins, the short-term red bean prices may be in a stalemate. In addition, some grain merchants are still waiting for the export situation, and the market’s wait-and-see attitude is heating up.
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 2430-2470/mt |
| Delivery | 20 days after the contract |