DALIAN: This month, the price of organic red adzuki beans in most domestic producing areas began with falling and then stabilized, with a slight rebound in some areas. Traders in the wholesale market replenish as needed. Due to the limited logistics and transportation in some production areas in Jilin, Liaoning and Heilongjiang, and some grain merchants in other production areas said that inquiries and purchases had increased slightly. Due to the slow delivery of goods at low prices, merchants are reluctant to sell. The market just needs replenishment, and the short-term grain merchants are firm in asking prices, which supports the price of red beans. In April, we will focus on the recovery of logistics in production areas and whether the demand side can improve.
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 2400-2430/mt |
| Delivery | 20 days after the contract |
