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Organic Adzuki Beans: Market Outlook Analysis and Forecast

by | Apr 28, 2022 | Beans, Pulses

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DALIAN: The grain surplus at the grassroots level in the production areas has decreased, and some grain traders and merchants have a small amount of inventory, with individual stocks exceeding 1.000 tons. Since grain merchants in the producing area are mainly on the sidelines, low-priced organic red bean is limited in short-term circulation. The inventory of organic red beans in the domestic wholesale market is not large, and traders generally maintain quantitative inventory and replenish it as needed. The farmers and grain vendors who hold the goods are firm in their asking prices, and the purchase cost of grain merchants is difficult to reduce. Wholesale market traders replenish goods on demand, and most of them still resist receiving goods at high prices.

Current Market Price in China for Organic Adzuki Bean

Product  Name Organic adzuki bean
Type Small
Moisture 16% max
Package 25kg PP bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 2320-2350/mt
Delivery 20  days after the contract

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