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Chinese Buckwheat Prices Are More Likely to Rise

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Inner Mongolia/Dalian: As exports of the Russian market are restricted, traders predict that the price of buckwheat in China will rise, and farmers continue to be reluctant to sell. There is a certain amount of inventory in the intermediate links. The grain merchants who hold the goods generally support the price, which is positive for domestic buckwheat.

The terminal demand for sweet buckwheat rice and noodles is not good, the operating rate of manufacturers is low, and the amount of raw grain is limited. It is difficult for downstream demand to raise prices, and stability may be the mainstay in the short term. Pay attention to the import situation and price changes in the later period, and changes in the mentality. The operation of trade entities will also affect the price fluctuations of buckwheat.

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 1270-1300/mt
Delivery 20 days after the contract