Chinese Buckwheat kernel: Continue to increase the price of buckwheat

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Inner Mongolia: In October, there were two rounds of suppressing goods in the market, speculators continued to increase the price of buckwheat. Grain sales at the grassroots level accelerate, stocks in intermediate links increase, and holders have a stronger mentality of keeping prices higher. At present, the purchase cost of raw grain is relatively high, the market pressure has ended, and the short-term domestic buckwheat price lacks momentum to increase. Before the Russian buckwheat arrives, the risk of domestic buckwheat prices falling is small, but a slight correction cannot be ruled out.

Mintec Global

Current Market Price in China for buckwheat kernel

Product  Name Chinese Buckwheat kernel
Type conventional
Moisture 15.5 % max
Package 25kg paper bag
Purity 99.95%
Loading 20mt /20GP
Fob Dalian Usd 1260-1290/mt
Delivery 20 days after the contract