Adzuki Bean Prices Expected to Fluctuate: Decline in Early Autumn, Recovery in Late Fall
Dalian – According to recent analysis from Zhuochuang Information, the prices of adzuki beans are anticipated to experience a dip followed by a recovery over the next three months, covering September to November. Experts predict a period of weakness in early fall, but prices may rebound as the market moves towards the winter season.
Early Fall Decline: Increased Supply of New Grain
Between September and early October, adzuki bean prices are expected to remain weak. This price decrease is primarily attributed to the growing supply of newly harvested grains entering the market, which may cause downward pressure on prices. The abundant supply will temporarily outpace demand, leading to a short-term drop in market value.Late Fall Recovery: Demand Boost as Prices Bottom Out
As late October through November approaches, analysts predict that adzuki bean prices may hit their lowest point, sparking renewed interest from buyers. The increased purchasing enthusiasm from downstream markets is likely to drive prices upward, creating a gradual recovery toward the end of the year.Key Factors to Monitor: Weather, Production, and Market Sentiment
Although this trend is expected, it’s important to monitor several key factors that could influence the market’s trajectory. These include weather conditions affecting crop yield, overall production volumes, and the mentality of the market participants. Sudden shifts in any of these areas could cause deviations from the predicted price movement.