Market Overview: Adequate Supplies and Busy Sales
In China’s Dalian market, producing areas report ample supplies of adzuki beans, with farmers in main production regions retaining approximately 18% of the remaining grain. The spring season sees farmers actively engaged in flawless grain sales, contributing to robust market activity. While there exists a temporary scarcity in market stockpiles, the focus remains on inventory digestion as the primary objective. Traders in production areas note a decline in inventory compared to the previous year.
Inventory Dynamics and Procurement Trends
Farmers in producing areas experience a scarcity of surplus, bolstering support for adzuki bean prices driven by the cost of gross grain stocks. Procurement activities in sales areas are currently characterized by on-demand strategies, with supply and demand exerting mutual constraints on market dynamics. As a result, the market anticipates stable prices for adzuki beans in the near future.
Price Stability Predictions
The outlook for red soybean prices in the Dalian market points towards stability in the coming periods. Factors such as sufficient supplies, busy sales activities, and inventory management efforts contribute to a balanced market environment. However, ongoing dynamics related to supply and demand, as well as external factors such as international trade policies and weather conditions, could influence price trends. Monitoring these variables will be essential in gauging the resilience of adzuki bean prices and predicting any potential deviations from stability in the future.
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 1620-1650/mt – EURO 1502-1530/mt |
| Organic FOB Dalian | USD 1680-1710/mt – EURO 1558-1586/mt |
| Delivery | 25 days after signing contract |