DALIAN: There was no noticeable improvement in the export of organic red beans in the export market. Traders mainly digested the inventory, and traders with low inventory replenished as needed. Grain merchants in the producing area are reluctant to sell their inventories and are unwilling to sell at a profit. The supply and demand are stalemates, and it is predicted that the price of red beans will be stable in the short term. However, some grain merchants in the production area still want to buy at high prices because they hope for a raise and pay attention to the purchasing power of high downstream prices.
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 |
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