News

Richard Dalian

Jul 12, 2024

Dalian Adzuki Bean Market Sees Slight Price Increase Amid Scarcity

Dalian Adzuki Bean Market Sees Slight Price Increase Amid Scarcity

Limited Supply and Rising Prices

This week, the residual grain of adzuki beans in the Dalian producing area remains scarce. The low prices offered by farmers have led to a limited quantity of grain purchased by traders. Consequently, the shipment prices for some varieties ofadzuki beans have seen a slight increase.

Light End Demand Limits Price Support

Despite the price rise, the end demand for adzuki beans remains light. Market traders are primarily engaging in demand-based purchasing and sales, which has limited the price support. As a result, some varieties of adzuki beans have seen stable prices for the time being.

Import Market Trends

The recent import volume of adzuki beans has been generally low, and the domestic market's reliance on imports has weakened. Long-term market dynamics will require close attention to the impact of weather factors on industry sentiment.

The current state of the adzuki bean market in Dalian underscores the delicate balance between supply, demand, and external factors such as weather. As traders and farmers navigate these challenges, the focus will likely remain on adapting to changing market conditions to maintain stability and profitability.
Product Name Chinese Adzuki Beans
Size5.0mm up
Purity99.95%
Moisture14.5% max
Package25kg paper bag
Conventional FOB DalianUSD 1610-1640/mt - EURO 1485-1513/mt
Organic FOB DalianUSD 1700-1730/mt - EURO 1568-1596/mt
Delivery25 days after signing contract
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