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DALIAN: There is not much grain left at the grassroots level in the production area, and grain merchants are slow to deliver goods at low prices. Considering the inventory cost, most grain merchants have firm quotations for shipments, and a few still intend to raise their quotations for shipments. The purchasing power of the terminal is average, and the downstream traders are cautious in replenishment. Considering that most grain merchants are not willing to sell goods at low prices, there is support for the short-term red bean price. Pay attention to the recovery of logistics this week and the purchasing power of high downstream prices.

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
FOB Dalian Usd2270-2300/mt
Delivery 25 days after signing the contract

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