DALIAN: The price of organic buckwheat kernels started to rise this week, and local prices rose moderately. Severe drought in some producing areas made it challenging to sow 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, and the grain merchants who hold the goods have a strong attitude towards prices. The arrival of imported buckwheat is decreasing, and the price advantage is not obvious. It is predicted that the domestic buckwheat price may be well supported in the short term, and attention should be paid to the rainfall in the production area and the changes in the planting area of the new buckwheat.
Current Market Price in China for Organic Buckwheat Kernel
Product Name | Organic buckwheat kernel |
Type | Organic |
Moisture | 15.5 % max |
Package | 25kg paper bag |
Purity | 99.95% |
Loading | 20mt /20GP |
Fob Dalian | Usd 1320-1370/mt |
Delivery | 20 days after the contract |