The bean market, particularly in China, enters a new phase after the Dragon Boat Festival. Downstream demand for Adzuki and Mung beans has seen a notable dip, prompting some traders to slightly lower their prices to stimulate movement, though others have opted to keep prices steady. Inventory among merchants typically ranges between 200 and 500 tons, with only a handful exceeding 500 tons, levels that remain below the average for this time of year. Most market participants are prioritising depleting their stocks to fulfil longstanding client contracts, limiting aggressive new sales.

Despite weaker demand in the short term, strong raw material costs continue to put an effective floor under prices, restricting significant downward swings. The current environment is thus characterised by limited volatility with a slight bearish undertone, especially in localised segments. However, given the low inventory and stable cost support, any major price corrections appear unlikely for now. Meanwhile, international markets show varied trends: Chinese organic kidney and mung beans see small gains, while beans from Brazil and the UK generally trend lower. Weather patterns in key growing regions will become increasingly influential as planting and early growth stages progress.

📈 Latest Beans Market Prices

🌍 Supply & Demand Overview

• Post-festival demand in China is subdued, with buyers reluctant and focused on consuming existing stocks.
• Most suppliers are fulfilling standing orders for old clients and are hesitant to expand into new sales.
• Inventories in China are seasonally low, generally 200–500t, which is under the historical norm.
• Brazil and UK bean offers are weaker, reflecting ample supply and subdued demand in destination markets.

📊 Market Fundamentals

• Raw material costs continue to bolster domestic prices in China, cushioning markets from sharper declines.
• Speculative interest is muted, with macro investors largely on the sidelines during this phase.
• USDA and regional government crop area projections are unchanged; no significant shocks are expected in the upcoming season.
• China's sustained lower inventories set the stage for potential supply squeezes if demand rebounds unexpectedly.

⛅ Weather & Regional Outlook

• China North/Northeast: Weather is currently favourable for early crop development, supporting near-term yield prospects.
• Brazil: Transitioning to dry season—any surprise dryness could impact yield expectations, but no concerns yet reported.
• Europe (UK): Mild, wet weather; beneficial for fava and alubia bean crop progress, maintaining supply optimism.

🌏 Global Supply, Production, and Stock Comparison

📌 Trading Outlook & Recommendations

• Buyers: Wait for clearer post-holiday demand signals before making significant forward bookings.
• Merchants: Continue to clear inventory, but avoid aggressive discounting. Monitor for unexpected uptick in downstream purchasing.
• Exporters: Leverage low inventories and firm cost structure to maintain offering prices in China.
• Watch for weather developments in key production areas, especially China and Brazil.

📆 3-Day Regional Price Forecast