Buckwheat kernel: The price of new grain has dropped after the listing

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Inner Mongolia: New buckwheat was harvested in various producing areas in China. The initial moisture content was high, and the downstream demand started slowly.

After the launch of the new grain, the price fell and adjusted. Prices have declined this week, the price difference between new and old grains is vast, farmers’ shipments are not active, and small upstream and downstream transactions. Russian buckwheat is challenging to arrive before November. The domestic market ushered in the peak demand season in October, which will provide favourable support for domestic buckwheat prices.

Mintec Global

Current Market Price in China for buckwheat kernel

Product Name Buckwheat kernel
Type conventional
Moisture 15.5 % max
Package 25kg paper bag
Purity 99.95%
Loading 20mt /20GP
Fob Dalian Usd 1090/mt
Delivery 20 days after the contract