In Dalian, producing areas of red soybeans are witnessing a period of relative stability, buoyed by sufficient supply and increased farmer enthusiasm for grain sales. As spring plowing activities keep farmers occupied, market dynamics center on inventory digestion and maintaining price stability in the face of fluctuating demand.
Supply and Inventory Dynamics
Red soybean-producing regions report relatively ample supply, with farmers holding an average residual grain of about 22%. This surplus has fueled heightened interest among farmers in selling their grain. Despite temporary scarcity in market stockpiles, efforts are underway to digest existing inventory, with traders experiencing declines in year-on-year inventory levels by several thousand tonnes. These reduced inventory levels, coupled with inventory cost support, contribute to the stabilization of red soybean prices in the market.
Market Trends and Pricing Strategies
As farmers prioritize spring plowing tasks, grain sales have seen a decline, influencing market dynamics. Traders, in turn, adjust shipment prices for red soybeans based on gross grain purchases and inventory costs. This pricing strategy aims to uphold market stability and support red soybean prices amid fluctuating supply and demand dynamics.
The red soybean market in Dalian navigates a landscape of stable supply and evolving demand dynamics. While farmers focus on spring plowing activities, traders work to balance inventory levels and maintain price stability through strategic pricing mechanisms. As market conditions continue to evolve, stakeholders remain vigilant, adapting strategies to ensure the resilience and sustainability of the red soybean market in Dalian.
Current Market Price in China for Adzuki Beans
Product Name |
Chinese Adzuki Beans |
| Size | 5.0mm up |
| Purity | 99.95% |
| Moisture | 14.5% max |
| Package | 25kg paper bag |
| Conventional FOB Dalian | USD 1610-1640/mt – EURO 1506-1534/mt |
| Organic FOB Dalian | USD 1680-1710/mt – EURO 1571-1600/mt |
| Delivery | 25 days after signing contract |