Chinese organic buckwheat exports suffer from high freight rates

It is well known that global sea freight rates have risen wildly in recent months. [swpm_protected visible_to=”logged_in_users_only” custom_msg=’This content is for members only. Please login or sign up now.’] According to the feedback of importers in Europe and the United States, they need to purchase organic buckwheat kernels from China because other origins like Eastern Europe don’t have enough quantities left. Even if the rising sea freight prices of European and American shipping lines cause headaches to them. The prices have risen from 3,000 USD for a container at the beginning of the year to 7,000 USD now. However, the price of organic buckwheat kernels in China remains at a level of 1,380 USD per ton to 1,400 USD per ton FOB Dalian. But sea freight has greatly increased the cost of buyers and also forces the Chinese exporters to keep their prices stable. Both can only hope for the shipping market to improve.

Current market price in China for organic buckwheat kernels

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