DALIAN: According to the feedback from exporters, the purchase cost of organic red adzuki beans after the festival is difficult to reduce, and the delivery is slow. The mentality of grain merchants in the producing areas is different. Some of them do not offer quotations until the market transaction resumes. Affected by this, most traders are in a wait and see situation.
Short-term red bean prices are difficult to fall. At present, most traders in the sales area are in the early stage of business, and their prices are unstable. They are concerned about the willingness to receive goods at high prices in the later period.
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 | 22 mt /20 GP |
| Fob Dalian | Usd 2440-2480/mt |
| Delivery | 20 days after the contract |