DALIAN: According to the feedback from exporters, the market price of organic red adzuki beans is stable. Orders in the European market are stable, and orders in the US market have been severely reduced. South Korea is mainly bidding for orders, the quantity is high, and the price is low.
Due to the sluggish domestic market demand, it is expected that this round of replenishment will be carried out in stages, and attention should be paid to the downstream replenishment time of this round. Grain merchants in the producing area reported a shortage of high-quality supplies and were unwilling to sell at low prices. Purchasing is more difficult. Prices will not fall in the short term. Pay attention to the changes in market demand in March.
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 |