Chinese Buckwheat kernel: Imports have little impact on the market

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.

Current Market Price in China for buckwheat kernel

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