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Chinese Buckwheat Kernels: Prices Are Predicted to Fall

Mintec Global
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DALIAN: The basic grain source in the producing area is about 60%, but the farmers are generally reluctant to sell, and it is difficult to get the goods, which supports the price of sweet buckwheat. The terminal sweet buckwheat rice surface demand is weak. The processing plant opening rate is low the upstream and downstream trading volume is limited. The contradiction between supply and demand in the market is obvious. If the demand does not improve before the end of the month, with the improvement of farmers’ enthusiasm for shipment, the price of sweet buckwheat may be stable and weak.

Current market price in China for buckwheat kernels

Product  NameChinese Buckwheat kernels
Typeconventional
Moisture15.5 % max
Package25kg paper bag
Purity99.95%
Loading20mt /20GP
Fob DalianUsd 1100-1130/mt
Delivery20 days after contract

Current market price in China for organic buckwheat kernels

Product  NameOrganic buckwheat kernel
TypeOrganic
Moisture15.5 % max
Package25kg paper bag
Purity99.95%
Loading20mt /20GP
Fob DalianUsd 1160-1200/mt
Delivery20 days after the contract

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