Buckwheat Field

Chinese Buckwheat Kernel: Market Is in a Stalemate, Waiting for New Crop

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Buckwheat Kernel

Dalian: In the off-season, manufacturers have low operating rates and insufficient raw grain consumption. Grain sources in most producing areas have bottomed out. Grain merchants have generally stopped harvesting, and has stopped quoting sweet buckwheat. The domestic buckwheat market is in a stalemate in terms of purchases and sales, and it will be priceless before the end of the month. The new season buckwheat in the production area is concentrated in bloom, and the overall growth is acceptable. The planting time of new buckwheat in Wuchuan and Guyang has been delayed, and market may be back around September 10.

Organic Buckwheat Kernel

Mintec Global

DALIAN: Last week, the domestic buckwheat market was in a stalemate in terms of purchases and sales. In the off-season, manufacturers have low operating rates, shrinking raw grain consumption, and some producers suspend production until the autumn starts. Before the end of the month, domestic buckwheat may become priceless and marketless. Offers for export of organic buckwheat kernels fell. The new season buckwheat in the production area is concentrated in bloom. The Gansu production area suffered from drought in the early stage, and the unit yield may decrease. Pay attention to the changes in the weather and the time to market for new grains.

Current Market Price in China for Buckwheat Kernel

Product  Name Chinese Buckwheat Kernel Organic Buckwheat Kernel
Type conventional Organic
Moisture 15.5 % max 15.5 % max
Package 25kg paper bag 25kg paper bag
Purity 99.95% 99.95%
Loading 20mt /20GP 20mt /20GP
Fob Dalian Usd 1200-1240/mt Usd 1280-1320/mt
Delivery 20  days after the contract 20  days after the contract