China Organic buckwheat kernel: Drought in some producing areas

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DALIAN: Market participants in Inner Mongolia reported that due to the recent continuous dry weather in the buckwheat producing areas in the Shaanxi-Gansu-Ningxia region, it is predicted to affect the buckwheat production in the region.

This week, farmers in the Chifeng region intend to adjust the price accordingly and increase the export price of buckwheat. Dalian Exporters in Tianjin and Tianjin predict that the price of buckwheat will not drop in the last two weeks because producers lack orders, so there is no replenishment plan. There is no high risk of rising organic buckwheat kernel prices, and the main reason is that the price is fixed.

Mintec Global

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 1310/mt
Delivery 20  days after the contract