In Dalian, China, buckwheat traders are experiencing stable reference prices, albeit with slight localized weakness, influenced by supply and demand factors. The market outlook indicates a continuation of stability in the near term, characterized by sluggish purchase and sales activities, with a keen eye on import impacts.
Key Factors Affecting Price Changes
Several factors are pivotal in shaping the future price trajectory of buckwheat:
Supply-Demand Dynamics:The delicate balance between supply and demand remains a significant determinant of price fluctuations. Presently, domestic surplus grain bases and ample imported buckwheat stocks contribute to market stability.
Farmer Sentiment: Despite sufficient supply, farmers are hesitant to sell their produce at current price levels, reflecting a reluctance to accept lower prices.
Processing Industry Constraints:Insufficient downstream processing capacity constrains demand, necessitating a restoration of demand levels to stimulate market activity.
Procurement Enthusiasm: The enthusiasm among raw grain procurement entities is temporarily subdued, indicating a cautious approach in the market.
Given the prevailing conditions, the buckwheat market in China is poised to maintain stability in the short term. However, close monitoring of import dynamics and efforts to revitalize demand are crucial for sustained market activity and price movements in the future.
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 |
| Conventional Fob Dalian | USD 890-920/mt – EURO 853-820/mt |
| Organic Fob Dalian | USD 990-1030/mt – EURO 915-952/mt |
| Delivery | 20 days after contract |