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DALIAN: In July, the overall price of organic red adzuki beans in the producing areas was strong, and grain merchants maintained that the domestic market just needed to sell goods. Prices in the production areas were mainly stable in the first half of the year, and some grain merchants raised their quotations in the latter half of the year as the supply decreased.

Yesterday, South Korea announced a new bidding announcement, and some grain-holding merchants were in the wait-and-see mood. It is expected that prices will remain high before the results of the bidding are announced. Market participants expect prices to rise next week

Current Market Price in China for organic adzuki bean More offers for beans

Product Name Organic adzuki bean
Type small
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 2500/mt
Delivery 20 days after the contract

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