Chinese Buckwheat Kernel: Clear Inventory Before Chinese New Year

Inner Mongolia/Dalian: Exporters predict that the grassroots grain source in the production area will be less than 30%, and the enthusiasm for replenishment before the Spring Festival is not high. Farmers are generally reluctant to sell, and it is more challenging to add goods. There is a moderate amount of inventory in the intermediate links, grain merchants and processing plants continue to destock, and the upstream and downstream transactions are small. Russian buckwheat lacks a price advantage, and the import volume is small before the Spring Festival, which is positive support for the domestic market. In the short term, the purchase and sale of the market are stalemates, and the price of domestic buckwheat may be stable.

Current Market Price in China for buckwheat kernel