News

Richard Dalian

Sep 13, 2024

Adzuki Bean Market: No Movement in Prices

Adzuki Bean Market: No Movement in Prices

Dalian – The average price of adzuki beans in production areas has remained stable according to feedback from market participants. Prices are unchanged from last Thursday and continue to stabilize compared to the previous week.

New and Old Grain Alternation Period

This week marks the transition period between new and old grain supplies, with sporadic listings in the adzuki bean market. However, the quantity of new grain listings remains low as most traders are focused on digesting their existing inventories.

Price Stability and Export Activity

The price of adzuki beans has been supported by the cost of inventory, resulting in stable pricing. Although export activity remains limited, there has been a small amount of local exports in recent weeks.

Current Market Price in China for Adzuki Beans

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Product Name Chinese Adzuki Beans
Size5.0mm up
Purity99.95%
Moisture14.5% max
Package25kg paper bag
Conventional FOB DalianUSD 1580-1610/mt - EURO 1433-1460/mt
Organic     FOB DalianUSD 1650-1680/mt - EURO 1497-1524/mt
Delivery25 days after signing contract
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