Scarce Residual Grain and Light Demand Impact Adzuki Bean Market in Dalian

Limited Residual Grain in Main Producing Areas

Market participants in Dalian report that the overall supply of residual grain is scarce, with the main producing areas having only about 11% remaining. Traders are primarily focusing on digesting existing inventory, with gross grain inventory costs supporting the stability of adzuki bean shipment prices.

Decreased Downstream Demand

This week has seen light downstream demand for adzuki beans. Market activity in the sales areas is slow, and the purchase volume has declined. As a result, some traders in the producing areas have made small profits, leading to slightly weaker prices for local adzuki bean varieties.

Import and Export Trends

In the second half of the year, import volumes are expected to gradually decline, while export volumes are anticipated to remain stable. This trend is beneficial for domestic inventory digestion. However, long-term market conditions will still need to consider factors such as weather, supply and demand, and industry sentiment.

The current state of the adzuki bean market in Dalian highlights the challenges of limited residual grain and reduced downstream demand. While import declines and stable exports may aid in balancing domestic supply, the market remains sensitive to various external factors. Traders and stakeholders should closely monitor these elements to navigate the evolving market landscape effectively. Keeping an eye on weather patterns, supply changes, and industry trends will be crucial in making informed decisions moving forward.