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DALIAN: This week, South Korea’s bidding and market shortage of red adzuki beans led to a rise in the price of organic red adzuki beans in the producing area. The downstream wholesale market traders mainly digest the inventory, and some still resist receiving goods at high prices. Exporters predict that the price of organic red beans will be difficult to drop in May. The 4,000-ton bidding will lead to an increase in the price of organic red beans in the market. We will pay close attention to the market price changes in the later period.

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 2390-2440/mt
Delivery 20  days after the contract

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