Chinese Buckwheat Kernels: Waiting for the New Crops

Buckwheat Kernel

Inner Mongolia/Dalian: The domestic buckwheat market is at a stalemate, and individual quotations are for reference only. In the off-season, producers shut down for maintenance, and the raw grain consumption is insufficient. Some of the producers stopped production and waiting for the autumn to start. Grain sources in most production areas have bottomed out, and grain merchants have generally stopped harvesting. Before the end of the month, domestic buckwheat will become priceless and marketless. The new season buckwheat in the producing area is blooming, and the overall growth is good. The planting time of new buckwheat in Wuchuan and Guyang has been delayed, and the market time may be around mid-September.

Organic Buckwheat Kernel

DALIAN: The domestic organic buckwheat market was sluggish in August, and producers did not plan to replenish their inventories. Most of them waited for new products to be launched in September. The export volume decreased by 20.1%, and the import volume increased. The market was impacted by the supply of imported goods. The domestic buckwheat market is deadlocked in terms of procurement and sales. Most of the grain sources in most producing areas have bottomed out and merchantes stopped quoting organic buckwheats. Before the end of the month, domestic buckwheat may become priceless. Export offers of organic buckwheat kernels fell. Be aware of changes in weather and when new crops are available.

Current Market Price in China for Buckwheat Kernel