DALIAN: It is expected that stages may support the price of red adzuki beans in the new season in October. After the first round of replenishment in the sales area, the price may fall. In early October, new grains will be listed in a concentrated manner. If downstream traders concentrate their purchases, it is expected to support the price of adzuki beans.
After the first round of replenishment, downstream stocks will be restocked, and the price of adzuki beans may fall in November. If it is difficult to form a centralized replenishment market downstream in October, as the volume of red adzuki beans listed in the new season increases, there is a risk that prices will fall. In December, it is expected that the market in the sales area just needs replenishment, and the price is expected to fluctuate slightly. In addition, the import and export situation is still uncertain. From October to November in Anhui, northern Jiangsu, northern Shaanxi, and other producing areas, red adzuki beans will also be listed, which are variables that affect prices.
Current Market Price in China for organic adzuki bean
|Product Name||Organic adzuki bean|
|Package||25kg PP bag|
|Fob Dalian||Usd 2290/mt|
|Delivery||20 days after the contract|
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