Chinese Buckwheat kernel: Imports have little impact on the market

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Inner Mongolia/Dalian: The import volume of buckwheat from Russia in November was 542.55 tons, increasing 62.10% month-on-month, but the impact on the domestic market was relatively small. China’s export volume was 1,439.02 tons, an increase of 19.93% month-on-month, and external demand was insufficient.

Domestic demand is weak, and market transaction volume is limited. Russian buckwheat lacks a price advantage, and it is expected that the quantity will be small before the Spring Festival. Farmers and grain-holding merchants continued to raise prices and restrained the price decline. Domestic buckwheat prices may be adjusted slightly before the Spring Festival.

Mintec Global

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
Fob Dalian Usd 1230-1270/mt
Delivery 20  days after the contract