News & Updates

Price Stalemate in Organic Adzuki Beans Market

by | Apr 13, 2022 | Beans, Pulses

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DALIAN: Grain merchants in the production area are not quick to deliver goods, and they have been digesting inventory recently. Due to the difficulty in finding logistics vehicles in some production areas, the actual transaction volume of organic red beans is average, and most grain merchants offer stable quotations. The domestic wholesale market sells organic red beans on demand. Although the delivery cost has increased recently, traders generally report that it is difficult to increase the price and sell, and the profit margin is reduced. Domestic trade demand is sluggish, and there is no new positive in export. Grain merchants in the producing areas are slow to deliver goods, and it is difficult for some to adjust grains in other places. Short-term stock prices are firm, and the price of organic red adzuki beans may remain at a stalemate. Pay attention to the logistics and transportation of the main producing areas this week, which will affect the supply of red beans in circulation.

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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