Domestic Buckwheat Market Maintains Stability Amidst Imported Competitio

Domestic Buckwheat Market Maintains Stability Amidst Imported Competitio

Mintec Global
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China’s Dalian: Domestic buckwheat market prices remained stable this week with some slight weakness observed. The market dynamics are influenced by the competitive pricing of imported buckwheat, resulting in a sluggish domestic trade. Processing plants are operating at suboptimal levels with moderate inventory levels and selective procurement practices. Regional price variations are evident, with adequate domestic supply and ample port inventory of imported buckwheat contributing to a noticeable price gap between domestic and foreign sources. Downstream processing facilities are operating at reduced capacity, with many adopting a cautious approach, preferring to purchase only when necessary.

Currently, the pace of transactions in the buckwheat market is sluggish, as farmers in producing regions resist selling at lower prices, leading to a stalemate in trading activities. The prevalence of imported goods continues to exert pressure on buckwheat prices, maintaining expectations of stability in the market today.

Current Market Price in China for buckwheat kernel

Product  Name

Chinese Buckwheat kernel

TypeConventional
Moisture15.5 % max
Package25kg paper bag
Purity99.95%
Loading20mt /20GP
Conventional Fob DalianUSD 890-920/MT – EURO 813-840/MT
Organic  Fob DalianUSD 990-1030/MT – EURO 904-941/MT
Delivery20 days after contract

 

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