DALIAN: The yield per unit of new buckwheat dropped, and the total output was lower than expected. With the start of downstream demand, the price is in a rising channel after listing. Zhuochuang Information research estimates that the total output of new buckwheat in 2022 may decrease by about 30%, and the domestic supply will be significantly tightened. European buckwheat is in the early stage of harvest, and the arrival volume before New Year’s Day is small, which will benefit the domestic market. In the short term, the price of domestic buckwheat will have some support, and we should pay attention to the changes in domestic demand. If the downstream is resistant to the price increase of raw grains, the price of new buckwheat will lack upward momentum, but it will still run at a high level.
Current Market Price in China for Organic Buckwheat Kernel
| Product Name | Organic buckwheat kernel |
| Type | Organic |
| Moisture | 15.5 % max |
| Package | 25kg paper bag |
| Purity | 99.95% |
| Loading | 20mt /20GP |
| Fob Dalian | Usd 1230-1270/mt |
| Delivery | 20 days after the contract |