China Organic buckwheat kernel: Drought in some producing areas

Mintec Global
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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.

Current Market Price in China for organic buckwheat kernel

Product NameOrganic buckwheat kernel
TypeOrganic
Moisture15.5 % max
Package25kg paper bag
Purity99.95%
Loading20mt /20GP
Fob DalianUsd 1310/mt
Delivery20  days after the contract

 

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