Chinese Buckwheat Prices Are More Likely to Rise

Inner Mongolia/Dalian: The domestic demand for buckwheat rice has entered the off-season, the export orders at the port are insufficient, and the operating rate of the processing plant is not high. The raw grain began to be affected by the Russian market this week, and the price rose. Traders appear to replenish inventory, and a small amount needs to be replenished. The grass-roots grain sources in the production areas are limited, and farmers are generally reluctant to sell them. The grain merchants who hold the goods mainly destock and have a solid price-preserving mentality, which supports the price of domestic buckwheat. After the Spring Festival, there will be a moderate amount of imported buckwheat in Manchuria. Pay attention to the import situation and price changes in the later period. The mentality and operation of trade entities will also affect price fluctuations.

Current Market Price in China for Buckwheat Kernel