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Chinese Buckwheat Kernel: Drought in Producing Areas Affects Planting

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Inner Mongolia/Dalian: The main producing areas such as Guyang and Wuchuan in Inner Mongolia and Yulin in Shaanxi continued to be dry, making it difficult to plant new buckwheat. The grassroots grain source in the production area has been wiped out, and the difficulty of loading goods has greatly increased. There is a small amount of inventory in the intermediate links, grain merchants have a stronger attitude of price support, and the price of domestic buckwheat has risen moderately. Imported buckwheat arrivals are small, and the price advantage is not obvious. In the short term, the domestic buckwheat price may be well supported. Pay attention to the changes in the production area’s rainfall and new buckwheat planting area.

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 1250-1290/mt
Delivery 20  days after contract